Diligence memo · auto-generated · as of July 2, 2026

Reyna Silver Corp. / BC

Reyna Silver Corp. / BC looks under-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Reyna Silver Corp. / BC operates in Mining & Resources, based in VANCOUVER.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Reyna Silver Corp. / BC has raised $2.4M 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: $1.2M on 2021-06-22.

Most recent recorded round closed around 2024-03-06.

Valuation (modeled)modeled

Provath models Reyna Silver Corp. / BC at approximately $1.9M (range $586K–$5.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.54× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 16 months.

Last raise 2.3 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.

The last round stepped up 1.3× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 54% of Mining & Resources peers (701 compared).

Modeled value ranks above 47% of those peers.

Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.

Peoplefiled

13 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.