Companies · Other

Crosshair Exploration & Mining Corp

Vancouver · Other

Diligence memoA one-page analyst read on Crosshair Exploration & Mining Corp — recommendation, valuation, rhythm, risks.
$3.2M
Total raised · real
4
Rounds
1.4×
Latest step-up
Top 43%
Sector rank · raised
Seed
Latest stage · inferred · Tue Sep 16 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Crosshair Exploration & Mining Corp looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.15× the median modeled value of Seed Other companies in 2013–2015 (998 peers) — value vs value, same stage and era.
Dormant
  • Last raise 11.8 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Crosshair Exploration & Mining Corp is one of 25015 Other companies tracked from Vancouver. By capital raised it ranks mid-pack (ahead of 58% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2010-11-23 Raised $1.2M (real) Modeled valuation $22M (est)$1.2M$22MSeed2010Seed · 2012-02-27 Raised $1.5M (real) Modeled valuation $29M (est)$1.5M$29MSeed2012Seed · 2012-02-27 Raised $193K (real) Modeled valuation $3.6M (est)$193K$3.6MSeed2012Seed · 2014-09-16 Raised $268K (real) Modeled valuation $5.0M (est)$268K$5.0MSeed2014+$1.5M+$193K+$268KCumulative $3.2M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.2M · 2010
Seed extension$1.5M · 2012
Seed extension$193K · 2012
Seed extension$268K · 2014

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$5.0M
Base estimate est.
$241K
Conservative case
$39.1M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $21.5M · 2010-11-232010Seed · modeled $28.7M · 2012-02-27Seed · modeled $3.6M · 2012-02-27Seed · modeled $5.0M · 2014-09-162014
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
11.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$829K/yr
Capital velocity
15.6 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.5× above median
This company$3.2M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$268K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$5.0M
Sector median$17.7M

Raised more than 58% of sector peers (real $). Modeled value above 25% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #955 of 998.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Bodri Capital Management, LLC, as Trustee under that certain Declaration of Trust dated December 17, 2015 · Seed Raised $4.0M · modeled $74.4M (est)76826774, Llc · Seed Raised $4.0M · modeled $74.4M (est)76826773, Llc · Seed Raised $4.0M · modeled $74.4M (est)76826772, Llc · Seed Raised $4.0M · modeled $74.4M (est)EW Investor, LLC · Seed Raised $4.0M · modeled $74.4M (est)GTI Ohio, LLC · Seed Raised $4.0M · modeled $74.4M (est)76826775, Llc · Seed Raised $4.0M · modeled $74.4M (est)Concord Aztec TTC CY LLC · Seed Raised $4.0M · modeled $74.4M (est)Blue School Fund 2 LLC · Seed Raised $4.0M · modeled $74.4M (est)Oro Capital Corporation, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Cuba Baseball Initiative Limited Partnership · Seed Raised $4.0M · modeled $74.4M (est)Innovetive Petcare Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)Crosshair Exploration & Mining Corp (this company) Raised $3.2M · modeled $5.0M (est)Crosshair Exploration & Mining Corp
CompanyStageRaised · realValue · estvs peer med.
Bodri Capital Management, LLC, as Trustee under that certain Declaration of Trust dated December 17, 2015Seed$4.0M$74.4M2.28×
76826774, LlcSeed$4.0M$74.4M2.28×
76826773, LlcSeed$4.0M$74.4M2.28×
76826772, LlcSeed$4.0M$74.4M2.28×
EW Investor, LLCSeed$4.0M$74.4M2.28×
GTI Ohio, LLCSeed$4.0M$74.4M2.28×
76826775, LlcSeed$4.0M$74.4M2.28×
Concord Aztec TTC CY LLCSeed$4.0M$74.4M2.28×
Blue School Fund 2 LLCSeed$4.0M$74.4M2.28×
Oro Capital Corporation, Inc.Seed$4.0M$74.4M2.28×
Cuba Baseball Initiative Limited PartnershipSeed$4.0M$74.4M2.28×
Innovetive Petcare Holdings, LLCSeed$4.0M$74.4M2.28×
Crosshair Exploration & Mining Corp this companySeed$3.2M$5.0M0.15×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.2M2010-11-23$5.8M$21.5M90%
Seed$1.5M2012-02-27$7.7M$28.7M90%
Seed$193K2012-02-27$963K$3.6M90%
Seed$268K2014-09-16$1.3M$5.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.2M2010-11-23
    • First recorded raise — entered as Seed.
  2. Seed$1.5M2012-02-27
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
  3. Seed$193K2012-02-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.0× smaller than the prior — bridge or down round.
  4. Seed$268K2014-09-16
    • Raised again after 31 mo — slower than the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
Intelligence
2015 ~Q4
Modeled next raise · ~15mo cadence
$372K
Modeled next size est.range $268K$596K
1.4×
Last step-up
$829K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jay Sujir11 other2014-09
Mark J. Morabito4 other2010-11
Sheila Paine4 other2014-09
Mark Lotz3 other2014-09
Sheila J. Paine2 other2012-02
Jay J. Sujir1 other2012-02
Jim Crawford1 other2014-09
Stewart Wallis1 other2014-09
Adam R. Kniec2010-11
Chris J. Collingwood2012-02
Chris R. Collingwood2010-11
Derrick (Rick) J. Gill2012-02
Derrick (Rick) R. Gill2010-11
Evelyn J. Johnston2012-02
Evelyn R. Cox2010-11
Horace J. Beaven2012-02
Ian J. Smith2012-02
Ian R. Smith2010-11
Jay R. Sujir2010-11
Joseph R. Miller2010-11
Kate-Lynn Genzel2014-09
Mark J. Ludwig2012-02
Sam J. Yik2012-02
Sheila R. Paine2010-11
Registry & provenance

Crosshair Exploration & Mining Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1287121
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Intrepid Metals Corp.Mining & ResourcesPre-Seed$2.5M$658Knetwork5 shared operators
Excelsior Mining Corp.Mining & ResourcesSeries A$15.1M$678Knetwork4 shared operators
Sunward Resources Ltd.OtherSeed$3.1M$58.2Mnetwork1 shared operator · same sector · same stage
Silver Quest Resources LtdOtherSeed$3.0M$45.1Mnetwork1 shared operator · same sector · same stage
Global Crossing Airlines Inc.OtherSeed$3.5M$55.0Mnetwork1 shared operator · same sector · same stage
Sacre-Coeur Minerals, Ltd.OtherSeed$3.6M$2.0Mnetwork1 shared operator · same sector · same stage
ROUGHRIDER EXPLORATION LtdOtherSeed$2.6M$47.7Mnetwork1 shared operator · same sector · same stage
Alderon Iron Ore Corp.OtherSeries B$52.1M$152.8Mnetwork2 shared operators · same sector
Frequently asked
How much funding has Crosshair Exploration & Mining Corp raised?
Crosshair Exploration & Mining Corp has raised approximately $3.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Crosshair Exploration & Mining Corp's estimated valuation?
Provath's modeled valuation for Crosshair Exploration & Mining Corp is approximately $5.0M (modeled range $241K–$39.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Crosshair Exploration & Mining Corp at?
Crosshair Exploration & Mining Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Sep 16.
What does Crosshair Exploration & Mining Corp do and where is it based?
Crosshair Exploration & Mining Corp operates in the Other sector, based in Vancouver.
Explore related

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