Companies · Mining & Resources

Pacific Ridge Exploration Ltd

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Pacific Ridge Exploration Ltd — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
3
Rounds
0.4×
Latest step-up
Top 58%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Sep 22 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Pacific Ridge Exploration Ltd looks over-valued 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.

Over-valued
  • Modeled value is 2.26× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.8 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

Pacific Ridge Exploration Ltd is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 43% of sector peers), and mid-pack 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
1
Investors (latest)
2022-09-22
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2010-12-22 Raised $120K (real) Modeled valuation $801K (est)$120K$801KPre-Seed2010Pre-Seed · 2021-06-03 Raised $934K (real) Modeled valuation $5.0M (est)$934K$5.0MPre-Seed2021Pre-Seed · 2022-09-22 Raised $407K (real) Modeled valuation $1.6M (est)$407K$1.6MPre-Seed2022+$934K+$407KCumulative $1.5M

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$120K · 2010
Pre-Seed extension$934K · 2021
Pre-Seed extension$407K · 2022

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

Modeled valuation trajectory
$1.6M
Base estimate est.
$258K
Conservative case
$9.2M
Upside case
$2.3M
Modeled post-money

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

Pre-Seed · modeled $801K · 2010-12-222010Pre-Seed · modeled $5.0M · 2021-06-03Pre-Seed · modeled $1.6M · 2022-09-222022
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
3.8 yr
Elapsed time used
3.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
71 mo
Avg between rounds
$124K/yr
Capital velocity
15.5 yr
On record since
2010
First round
3
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) 0.6× of median
This company$1.5M
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.5× above median
This company$407K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$1.6M
Sector median$2.5M

Raised more than 43% of sector peers (real $). Modeled value above 43% 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 #17 of 80.

This companyCohort peer
$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)Pacific Ridge Exploration Ltd (this company) Raised $1.5M · modeled $1.6M (est)Pacific Ridge 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×
Pacific Ridge Exploration Ltd this companyPre-Seed$1.5M$1.6M2.26×
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$120K2010-12-22$667K$801K85%
Pre-Seed$934K2021-06-03$5.2M$5.0M90%
Pre-Seed$407K2022-09-22$2.3M$1.6M90%
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$120K2010-12-22
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$934K2021-06-03
    • Raised again after 125 mo — slower than the ~11 mo sector norm.
    • Round 7.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  3. Pre-Seed$407K2022-09-22
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2028 ~Q3
Modeled next raise · ~71mo cadence
$407K
Modeled next size est.range $407K$652K
0.4×
Last step-up
$124K/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
Blaine Monaghan2 other2021-06
John S. Brock2 other2010-12
Arie Page1 other2022-09
BRUCE YOUNGMAN1 other2022-09
Salvador Miranda1 other2022-09
Arie G. Page2021-06
Borden G. Putnam III2021-06
Borden Putnam III2022-09
Bruce G. Youngman2021-06
Charles Douglas Proctor2010-12
Danette G. Schwab2021-06
Danette Schwab2022-09
Gary Baschuk2022-09
Gerald (Gerry) Carlson2022-09
Gerald (Gerry) G. Carlson2021-06
R.E. Gordon Davis2010-12
Salvador G. Miranda2021-06
Sargent Harris Berner2010-12
Registry & provenance

Pacific Ridge 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
1254435
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
Fremont Gold Ltd.Mining & ResourcesPre-Seed$943K$366Knetwork1 shared operator · same sector · same stage
Plateau Energy Metals Inc.Mining & ResourcesPre-Seed$1.5M$1.2Msame sector · same stage
Adamera Minerals Corp.Mining & ResourcesPre-Seed$1.5M$212Ksame sector · same stage
Cascadia Minerals Ltd.Mining & ResourcesPre-Seed$104K$209Knetwork1 shared operator · same sector · same stage
Kalo Gold Corp.Mining & ResourcesPre-Seed$1.6M$818Ksame sector · same stage
North Shore Uranium Ltd.Mining & ResourcesPre-Seed$1.3M$1.8Msame sector · same stage
Western Alaska Copper & Gold CoMining & ResourcesPre-Seed$1.6M$1.4Msame sector · same stage
Bayhorse Silver Inc.Mining & ResourcesPre-Seed$1.3M$558Ksame 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
Pacific Empire Minerals CorpMining & ResourcesPre-Seed$4.9M87%
American Pacific Mining CorpMining & ResourcesSeed$10.1M86%
New Pacific Metals CorpMining & ResourcesSeed$3.7M85%
Ridgeline Minerals CorpMining & ResourcesSeed$2.5M84%
South Pacific Metals Corp.Mining & ResourcesSeed$5.3M84%
Great Pacific Gold Corp.Mining & ResourcesSeed$6.8M84%
Halo Exploration Ltd.Mining & ResourcesSeries A$25.0M83%
Western Exploration Inc.Mining & ResourcesSeed$7.5M83%
Frequently asked
How much funding has Pacific Ridge Exploration Ltd raised?
Pacific Ridge Exploration Ltd has raised approximately $1.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Pacific Ridge Exploration Ltd's estimated valuation?
Provath's modeled valuation for Pacific Ridge Exploration Ltd is approximately $1.6M (modeled range $258K–$9.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pacific Ridge Exploration Ltd at?
Pacific Ridge Exploration Ltd's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Sep 22.
What does Pacific Ridge Exploration Ltd do and where is it based?
Pacific Ridge Exploration Ltd operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

See where Pacific Ridge 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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