Companies · Mining & Resources

Fancamp Exploration Ltd

BURNABY · Mining & Resources · refined from filed group “Other”

Diligence memoA one-page analyst read on Fancamp Exploration Ltd — recommendation, valuation, rhythm, risks.→
$252K
Total raised · real
1
Rounds
—
Latest step-up
Top 86%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Dec 21 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Fancamp Exploration Ltd looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

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

Fair
  • Modeled value is 1.03× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
  • Within the normal band (103% of peer median) for its niche.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Mining & Resources

Fancamp Exploration Ltd is one of 701 Mining & Resources companies tracked from BURNABY. By capital raised it ranks in the long tail (ahead of 15% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023-12-21
First sale
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$250K$500K$750K$1.0MPre-Seed · 2023-12-21 Raised $252K (real) Modeled valuation $731K (est)$252K$731KPre-Seed2023

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
Pre-Seed$252K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$731K
Base estimate est.
$159K
Conservative case
$2.9M
Upside case
$1.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
2.8 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. 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)▼ 0.1× of median
This company$252K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▼ 0.9× of median
This company$252K
Sector median$271K
Modeled value — vs sector median (estimate, all stages)▼ 0.3× of median
This company$731K
Sector median$2.5M

Raised more than 15% 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 (Pre-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 #39 of 80.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)CMC Metals Ltd. · Pre-Seed Raised $815K · modeled $3.7M (est)Blueprint Mining I LLC · Pre-Seed Raised $830K · modeled $3.6M (est)US Critical Metals Corp. · Pre-Seed Raised $819K · modeled $3.6M (est)Infinitum Copper Corp. · Pre-Seed Raised $803K · modeled $3.3M (est)Advanced Gold Exploration Inc. · Pre-Seed Raised $999K · modeled $3.1M (est)Power Metal Resources PLC · Pre-Seed Raised $793K · modeled $2.6M (est)American Metal LLC · Pre-Seed Raised $850K · modeled $2.4M (est)Double Gold Holdings, Inc. · Pre-Seed Raised $900K · modeled $2.4M (est)Silver Bay Seafoods-California, LLC · Pre-Seed Raised $630K · modeled $2.4M (est)Radisson Mining Resources Inc. · Pre-Seed Raised $976K · modeled $2.3M (est)Majuba Hill Copper Corp. · Pre-Seed Raised $622K · modeled $2.0M (est)Bald Eagle Gold Corp. · Pre-Seed Raised $662K · modeled $1.9M (est)Fancamp Exploration Ltd (this company) Raised $252K · modeled $731K (est)Fancamp Exploration Ltd
CompanyStageRaised · realValue · estvs peer med.
CMC Metals Ltd.Pre-Seed$815K$3.7M5.19×
Blueprint Mining I LLCPre-Seed$830K$3.6M5.05×
US Critical Metals Corp.Pre-Seed$819K$3.6M5.05×
Infinitum Copper Corp.Pre-Seed$803K$3.3M4.64×
Advanced Gold Exploration Inc.Pre-Seed$999K$3.1M4.34×
Power Metal Resources PLCPre-Seed$793K$2.6M3.75×
American Metal LLCPre-Seed$850K$2.4M3.45×
Double Gold Holdings, Inc.Pre-Seed$900K$2.4M3.36×
Silver Bay Seafoods-California, LLCPre-Seed$630K$2.4M3.34×
Radisson Mining Resources Inc.Pre-Seed$976K$2.3M3.28×
Majuba Hill Copper Corp.Pre-Seed$622K$2.0M2.88×
Bald Eagle Gold Corp.Pre-Seed$662K$1.9M2.75×
Fancamp Exploration Ltd this companyPre-Seed$252K$731K1.03×
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.
Pre-Seed$252K2023-12-21$1.4M$731K90%
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. Pre-Seed$252K2023-12-21
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
—
Modeled next raise
$403K
Modeled next size est.range $262K–$644K
—
Last step-up
—
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
MARK BILLINGS—3 other2023-12
Francois Auclair—2 other2023-12
Greg Ferron—2 other2023-12
Rajesh Sharma—2 other2023-12
Ashwath Mehra—1 other2023-12
Charles Tarnocai——2023-12
Debra Chapman——2023-12
Mathieu Stephens——2023-12
Registry & provenance

Fancamp Exploration Ltd 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
2008016
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
Iconic Minerals Ltd.Mining & ResourcesPre-Seed$960K$1.2Mnetwork1 shared operator · same sector · same stage
Treasury Metals IncMining & ResourcesPre-Seed$1.0M$705Knetwork1 shared operator · same sector · same stage
Viridian Metals Corp.Mining & ResourcesPre-Seed$252K$841Ksame sector · same stage
Val-d'Or Mining CorpMining & ResourcesPre-Seed$250K$1.4Msame sector · same stage
McAdams Creek Mining Corp.Mining & ResourcesPre-Seed$250K$468Ksame sector · same stage
Archemetrix Mineral Resources LlcMining & ResourcesPre-Seed$250K$1.7Msame sector · same stage
Discovery Exploration Group IncMining & ResourcesPre-Seed$250K$667Ksame sector · same stage
Nevada Lithium Resources Inc.Mining & ResourcesPre-Seed$255K$334Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Halo Exploration Ltd.Mining & ResourcesSeries A$25.0M83%
Juggernaut Exploration Ltd.Mining & ResourcesPre-Seed$1.1M80%
Universe Exploration CoMining & ResourcesSeries B$133.8M80%
Lara Exploration LtdMining & ResourcesSeed$591K79%
Resource Exploration, Inc.Mining & ResourcesPre-Seed$1.6M79%
Nevada Exploration IncMining & ResourcesPre-Seed$551K79%
Pirate Gold Corp.Mining & ResourcesSeed$6.1M78%
Fury Gold Mines LtdMining & ResourcesSeries A$1.6M78%
Frequently asked
How much funding has Fancamp Exploration Ltd raised?
Fancamp Exploration Ltd has raised approximately $252K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Fancamp Exploration Ltd's estimated valuation?
Provath's modeled valuation for Fancamp Exploration Ltd is approximately $731K (modeled range $159K–$2.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Fancamp Exploration Ltd at?
Fancamp Exploration Ltd's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Dec 21.
What does Fancamp Exploration Ltd do and where is it based?
Fancamp Exploration Ltd operates in the Mining & Resources sector, based in BURNABY.
Explore related

See where Fancamp Exploration Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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