Companies · Mining & Resources

Royal Mines & Minerals Corp

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

Diligence memoA one-page analyst read on Royal Mines & Minerals Corp — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
5
Rounds
0.7×
Latest step-up
Top 51%
Sector rank · raised
Seed
Latest stage · inferred · Wed Jan 09 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Royal Mines & Minerals Corp looks under-valued against its niche peers and is dormant 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.

Under-valued
  • Modeled value is 0.12× the median modeled value of Seed Mining & Resources companies in 2019–2021 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Royal Mines & Minerals Corp is one of 701 Mining & Resources companies tracked from HENDERSON. By capital raised it ranks mid-pack (ahead of 50% 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)
2019-01-09
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$2.5M$5.0M$7.5M$10MPre-Seed · 2009-02-24 Raised $435K (real) Modeled valuation $2.9M (est)$435K$2.9MPre-Seed2009Pre-Seed · 2011-01-18 Raised $215K (real) Modeled valuation $1.4M (est)$215K$1.4MPre-Seed2011Seed · 2011-07-13 Raised $1.1M (real) Modeled valuation $5.8M (est)$1.1M$5.8MSeed2011Seed · 2013-11-18 Raised $171K (real) Modeled valuation $918K (est)$171K$918KSeed2013Seed · 2019-01-09 Raised $120K (real) Modeled valuation $644K (est)$120K$644KSeed2019+$215K+$1.1M+$171K+$120KCumulative $2.0M

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$435K · 2009
Pre-Seed extension$215K · 2011
Seed$1.1M · 2011
Seed extension$171K · 2013
Seed extension$120K · 2019

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

Modeled valuation trajectory
$644K
Base estimate est.
$103K
Conservative case
$5.1M
Upside case
$600K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.9M · 2009-02-242009Pre-Seed · modeled $1.4M · 2011-01-18Seed · modeled $5.8M · 2011-07-13Seed · modeled $918K · 2013-11-18Seed · modeled $644K · 2019-01-092019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
7.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$205K/yr
Capital velocity
17.4 yr
On record since
2009
First round
5
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) 0.9× of median
This company$2.0M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$120K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$644K
Sector median$2.5M

Raised more than 50% of sector peers (real $). Modeled value above 21% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #44 of 47.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Millennial Silver Corp. · Seed Raised $4.5M · modeled $17.1M (est)Bullfrog Gold Corp. · Seed Raised $11.9M · modeled $16.9M (est)Digital Carpenters Mining LLC · Seed Raised $3.5M · modeled $16.8M (est)Harfang Exploration Inc. · Seed Raised $3.9M · modeled $16.4M (est)GARNEX GOLD Corp · Seed Raised $3.0M · modeled $16.1M (est)Ely Gold Royalties, Inc. · Seed Raised $4.9M · modeled $13.2M (est)Levitated Metals Holdings, LLC · Seed Raised $2.4M · modeled $12.9M (est)StrikePoint Gold Inc. · Seed Raised $2.5M · modeled $12.8M (est)Digital Gold Innovation Technologies Private Ltd · Seed Raised $3.0M · modeled $12.7M (est)Azimut Exploration Inc. · Seed Raised $4.1M · modeled $11.6M (est)Minaurum Gold Inc. · Seed Raised $2.9M · modeled $11.1M (est)American Pacific Mining Corp · Seed Raised $5.2M · modeled $10.1M (est)Royal Mines & Minerals Corp (this company) Raised $2.0M · modeled $644K (est)Royal Mines & Minerals Corp
CompanyStageRaised · realValue · estvs peer med.
Millennial Silver Corp.Seed$4.5M$17.1M3.11×
Bullfrog Gold Corp.Seed$11.9M$16.9M3.08×
Digital Carpenters Mining LLCSeed$3.5M$16.8M3.04×
Harfang Exploration Inc.Seed$3.9M$16.4M2.98×
GARNEX GOLD CorpSeed$3.0M$16.1M2.92×
Ely Gold Royalties, Inc.Seed$4.9M$13.2M2.39×
Levitated Metals Holdings, LLCSeed$2.4M$12.9M2.35×
StrikePoint Gold Inc.Seed$2.5M$12.8M2.33×
Digital Gold Innovation Technologies Private LtdSeed$3.0M$12.7M2.31×
Azimut Exploration Inc.Seed$4.1M$11.6M2.10×
Minaurum Gold Inc.Seed$2.9M$11.1M2.02×
American Pacific Mining CorpSeed$5.2M$10.1M1.83×
Royal Mines & Minerals Corp this companySeed$2.0M$644K0.12×
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$435K2009-02-24$2.4M$2.9M85%
Pre-Seed$215K2011-01-18$1.2M$1.4M85%
Seed$1.1M2011-07-13$5.4M$5.8M85%
Seed$171K2013-11-18$855K$918K85%
Seed$120K2019-01-09$600K$644K90%
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$435K2009-02-24
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$215K2011-01-18
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Seed$1.1M2011-07-13
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 5.0× larger than the prior — scaling up.
    • 3 investors on this round.
  4. Seed$171K2013-11-18
    • Raised again after 28 mo — slower than the ~11 mo sector norm.
    • Round 6.3× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  5. Seed$120K2019-01-09
    • Raised again after 62 mo — slower than the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~30mo cadence
$120K
Modeled next size est.range $120K$192K
0.7×
Last step-up
$205K/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
Jason Ian Mitchell2019-01
Jason S. Mitchell2009-02
Kenneth Ian Matheson2009-02
Kevin Epp2009-02
Michael C. Boyko2011-01
Registry & provenance

Royal Mines & Minerals Corp 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
1371424
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
Sonora Gold & Silver Corp.Mining & ResourcesSeed$2.0M$2.0Msame sector · same stage
Apollo Silver CorpMining & ResourcesSeed$2.1M$360Ksame sector · same stage
Tri Origin Exploration Ltd.Mining & ResourcesSeed$1.9M$521Ksame sector · same stage
Velocity Minerals Ltd.Mining & ResourcesSeed$2.3M$498Ksame sector · same stage
Corex Gold CorpMining & ResourcesSeed$1.8M$794Ksame sector · same stage
Dryden Gold Corp.Mining & ResourcesSeed$2.3M$561Ksame sector · same stage
Marifil Mines LtdMining & ResourcesSeed$2.3M$756Ksame sector · same stage
Good Earth Minerals, LlcMining & ResourcesSeed$1.8M$2.3Msame 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
Gold Royalty Corp.Mining & ResourcesSeries B$118.8M89%
Wealth Minerals Ltd.Mining & ResourcesSeed$2.6M88%
Prince Silver Corp.Mining & ResourcesPre-Seed$268K88%
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M87%
Uranium Royalty Corp.Mining & ResourcesSeries A$32.8M86%
MCC Mining CorpMining & ResourcesSeries B$64.0M86%
B & N Mining, Inc.Mining & ResourcesSeed$6.1M86%
Imperial Metals CorpMining & ResourcesSeries D+$93.9M86%
Frequently asked
How much funding has Royal Mines & Minerals Corp raised?
Royal Mines & Minerals Corp has raised approximately $2.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Royal Mines & Minerals Corp's estimated valuation?
Provath's modeled valuation for Royal Mines & Minerals Corp is approximately $644K (modeled range $103K–$5.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Royal Mines & Minerals Corp at?
Royal Mines & Minerals Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Jan 09.
What does Royal Mines & Minerals Corp do and where is it based?
Royal Mines & Minerals Corp operates in the Mining & Resources sector, based in HENDERSON.
Explore related

See where Royal Mines & Minerals Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Royal Mines & Minerals Corp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.