Durango Gold
Early Stage
Hunting For The Next Big Gold & Silver Deposit In The Sierra Madre
Overview
Raised: $1,004,408
Total Commitments ($USD)
Platform
Equifund
Start Date
06/22/2021
Close Date
11/25/2021
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment
$480
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.60
Pre-Money Valuation
$17,400,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$6,480
# of Investors
703
Momentum
Funded
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Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Durango Gold, with a pre-money valuation of $17.4 million, is raising crowdfunding on Equifund CFP. The mining and exploration company is looking for the next big gold and silver deposits in the Sierra Madre. The area already has proven gold in the ground and five mines nearby. Fernando Berdegue founded Durango Gold in November 2020. The current crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $5,000,000, and the funds will be used to establish drilling targets and commence drilling at the Claudia project. Durango Gold is led by a talented and experienced team and plans to go public within twelve months of the offering.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-32,575 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$100 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,739 |
$0 |
|
Short-Term Debt |
$34,314 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$34,314 |
$0 |
Financials as of: 06/22/2021
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