Nevada Canyon Gold

Nevada Canyon Gold

Early Stage

Nevada Focused Gold Royalty, Streaming & Exploration Acceleration

Nevada Focused Gold Royalty, Streaming & Exploration Acceleration

Overview

Raised to Date: Raised: $10,803,191

Total Commitments ($USD)

Platform

Equifund CFP

Start Date

04/14/2023

Close Date

09/27/2023

Min. Goal
$1,000
Max. Goal
$25,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.80

Pre-Money Valuation

$8,861,915

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/28/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$65,079

Momentum
Funded
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Year Founded

2014

Industry

Energy, Power, & Natural Resources

Tech Sector

AgriTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

RENO, Nevada

Business Type

Growth

Nevada Canyon Gold is raising funds on Equifund. The company focuses on offering alternative financing agreements to junior mining companies, ensuring rights to future cash flows on metals production. The company's business model includes purchasing existing royalties from third parties and optioned sales of properties that provide ongoing revenue and eventual royalties. Alan Day, Jeffrey Cocks, Ryan McMillan, and Robert List are key figures in the management team. Nevada Canyon Gold Corp was founded in2014. The current crowdfunding campaign has a minimum target of $1,000 and a maximum target of $25 million. Proceeds from this raise will pay for new royalties and exploration accelerator properties, as well as general and administrative expenses.

Balance Sheet

Cash and Cash Equivalents

$1,007,018

Investment Securities

$156,805

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,889,047

Accounts Payable & Accrued Liabilities

$844,448

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$1,321,994

Total Stockholders' Equity

$567,053

Total Liabilities and Equity

$1,889,047

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-1,556,055

Earnings Per Share - Basic

$-0.51

Earnings Per Share - Diluted

$0.00

Auditor: Dale Matheson Carr-Hilton Labonte, LLP
Financials as of: 04/14/2023
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Nevada Canyon Gold on Equifund 2023
Platform: Equifund CFP
Security Type: Equity - Common
Valuation: $8,861,915
Price per Share: $0.80

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Follow Nevada Canyon Gold on Equifund 2023

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Warning: according to the close date for this deal, Nevada Canyon Gold may no longer be accepting investments.

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