Diligence memo · auto-generated · as of July 2, 2026
B & N Mining, Inc.
B & N Mining, Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
B & N Mining, Inc. operates in Mining & Resources, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
B & N Mining, Inc. has raised $3.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2026-01-28.
Most recent recorded round closed around 2026-01-28.
Valuation (modeled)modeled
Provath models B & N Mining, Inc. at approximately $6.1M (range $2.6M–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.22× the median modeled value of Seed Mining & Resources companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 58% of Mining & Resources peers (701 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: Blue Gold Ltd, Sierra Madre Gold & Silver Ltd., Metal Powder Works Ltd, Western Exploration Inc., Mayfair Gold Corp..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.