Diligence memo · auto-generated · as of July 3, 2026
North Shore Uranium Ltd.
North Shore Uranium Ltd. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
North Shore Uranium Ltd. operates in Mining & Resources, based in WHITE ROCK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
North Shore Uranium Ltd. has raised $1.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $997K on 2026-01-16.
Most recent recorded round closed around 2026-01-16.
Valuation (modeled)modeled
Provath models North Shore Uranium Ltd. at approximately $1.8M (range $631K–$3.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.85× the median modeled value of Pre-Seed Mining & Resources companies in 2025–2027 (85 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 5 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 3.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 42% of Mining & Resources peers (701 compared).
Modeled value ranks above 45% of those peers.
Closest niche peers: Silver Creek Investors, LLC /WI/, Viridian Metals Inc., Gold Candle Ltd., Argenta Silver Corp., Relevant Gold Corp..
Peoplefiled
7 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.