Diligence memo · auto-generated · as of July 3, 2026
Pan American Energy Corp. (Canada)
Pan American Energy Corp. (Canada) looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Pan American Energy Corp. (Canada) operates in Other Energy, based in CALGARY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pan American Energy Corp. (Canada) has raised $8.7M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.8M on 2024-02-01.
Most recent recorded round closed around 2024-02-01.
Valuation (modeled)modeled
Provath models Pan American Energy Corp. (Canada) at approximately $15M (range $3.2M–$46M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.91× the median modeled value of Seed Other Energy companies in 2022–2024 (73 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 2.4 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 66% of Other Energy peers (2049 compared).
Modeled value ranks above 47% of those peers.
Closest niche peers: Mes Investors, Llc, Zero Emission Industries, Inc., IntriEnergy, Inc., Quino Energy, Inc., GeoGenCo USA LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.