Diligence memo · auto-generated · as of July 2, 2026
Rugby Mining Ltd
Rugby Mining Ltd looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Rugby Mining Ltd 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
Rugby Mining Ltd has raised $780K 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: $489K on 2010-11-22.
Most recent recorded round closed around 2021-10-26.
Valuation (modeled)modeled
Provath models Rugby Mining Ltd at approximately $1.4M (range $184K–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.98× the median modeled value of Pre-Seed Mining & Resources companies in 2019–2021 (82 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 131 months.
Last raise 4.7 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 30% of Mining & Resources peers (701 compared).
Modeled value ranks above 40% of those peers.
Closest niche peers: Kuya Silver Corp., Apex Mining, LLC, Metals House Inc., Contact Gold Corp., Frontier Lithium Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.