Diligence memo · auto-generated · as of August 4, 2026
Rye Patch Gold Corp
Rye Patch Gold Corp looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Rye Patch Gold Corp operates in Other, based in VANCOUVER.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Rye Patch Gold Corp has raised $17M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2016-06-16.
Most recent recorded round closed around 2016-06-16.
Valuation (modeled)modeled
Provath models Rye Patch Gold Corp at approximately $195M (range $18M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.23× the median modeled value of Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 26 months.
Last raise 10.0 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 7.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 84% of Other peers (25015 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Hogsalt Investors Llc, Fanchise League Co LLC, CannCare, Inc, Baba Joe Diamond Ventures Us Inc., Instapage, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.