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Lake Victoria Gold Ltd.

Mining (Gold Exploration and Development) ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$223.4M
Funding Rounds
13
Last Funding
2026-04-28

About Lake Victoria Gold Ltd.

Lake Victoria Gold (LVG) is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. The company focuses on the discovery and development of world-class gold projects in the highly prolific Lake Victoria Goldfield in Tanzania, East Africa, with a strategic aim to transition from exploration to production.

Products & Services

Tembo Gold Project:Located in the Lake Victoria Goldfield of Tanzania, this project is undergoing a resource estimate and includes state-of-the-art exploration and conversion of prospecting licenses to mining licenses.

Specialties

Gold Exploration Gold Development Resource Estimation Mining License Conversion Strategic Partnerships in Mining

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Convertible Debenture
T: -
FT: Convertible Debenture
A: 3800000
MR: -
FA: $3.8 million
FAN: 3800000
D: 2026-04-28
FD: 2026-04-28
1 investors
2 RT: Gold loan facility and convertible debenture
T: -
FT: Gold loan facility and convertible debenture
A: 28000000
MR: -
FA: up to US$25 million gold loan facility and US$3 million convertible debenture
FAN: 28000000
D: 2026-04-23
FD: 2026-04-23
2 investors
3 RT: Gold loan facility and convertible debenture
T: -
FT: Gold loan facility and convertible debenture
A: 25000000
MR: -
FA: up to US$25 million gold loan facility and $3.0 million convertible debenture
FAN: 25000000
D: 2026-04-23
FD: 2026-04-23
2 investors
4 RT: Gold loan facility and convertible debenture
T: -
FT: Gold loan facility and convertible debenture
A: 28000000
MR: -
FA: up to US$25 million gold loan facility and $3.0 million convertible debenture
FAN: 28000000
D: 2026-04-17
FD: 2026-04-17
2 investors
5 RT: gold loan facility and convertible debenture
T: -
FT: gold loan facility and convertible debenture
A: 25000000
MR: -
FA: up to US$25 million gold loan facility and $3.0 million convertible debenture
FAN: 25000000
D: 2026-04-10
FD: 2026-04-10
2 investors
6 RT: Debt (Gold Loan and Convertible Debenture)
T: -
FT: Debt (Gold Loan and Convertible Debenture)
A: 25000000
MR: -
FA: up to ~US$25 million
FAN: 25000000
D: 2026-04-01
FD: 2026-04-01
2 investors
7 RT: Strategic Investment
T: -
FT: Strategic Investment
A: 11520000
MR: -
FA: C$11.52 million
FAN: 11520000
D: 2025-12-19
FD: 2025-12-19
1 investors
8 RT: Private Placement
T: -
FT: Private Placement
A: 2000000
MR: -
FA: $2 million
FAN: 2000000
D: 2025-10-20
FD: 2025-10-20
2 investors
9 RT: Private Placement
T: -
FT: Private Placement
A: 8000000
MR: -
FA: $6 million + $2 million concurrent placement
FAN: 8000000
D: 2025-10-01
FD: 2025-10-01
1 investors
10 RT: Non-brokered LIFE private placement ($6M) and concurrent private placement ($2M)
T: -
FT: Non-brokered LIFE private placement ($6M) and concurrent private placement ($2M)
A: 8000000
MR: -
FA: $8 million
FAN: 8000000
D: 2025-09-17
FD: 2025-09-17
2 investors
11 RT: Gold Prepay Financing Facility
T: -
FT: Gold Prepay Financing Facility
A: 45000000
MR: -
FA: US$45 million (potential milestone payments)
FAN: 45000000
D: 2025-08-21
FD: 2025-08-21
2 investors
12 RT: Strategic Financing Commitment
T: -
FT: Strategic Financing Commitment
A: 11520000
MR: -
FA: C$11.52 million
FAN: 11520000
D: 2025-07-18
FD: 2025-07-18
1 investors
13 RT: Strategic Investment
T: -
FT: Strategic Investment
A: 2600000
MR: -
FA: C$3.52 million
FAN: 2600000
D: 2025-02-01
FD: 2025-02-01
1 investors
Convertible Debenture Latest
2026-04-28
$3.8M
1 investor (Pro only)
Gold loan facility and convertible debenture 2026-04-23
$28.0M
Gold loan facility and convertible debenture 2026-04-23
$25.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Bob Foster

Geologist

E

Emma Priestley

Chief Executive Officer and Executive Director of GoldStone Resources Ltd

I

Ian Stalker

Mining Executive

S

Simon Benstead

EXECUTIVE CHAIRMAN & CFO

M

Marc Cernovitch

CEO & Director

S

Seth Dickinson

COO and Director

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Recent News

Lake Victoria Gold Ltd. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Mining (Gold Exploration and Development)
Company Size
~260 employees (est.)

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