What is Purebase?
Purebase Corporation, formerly Port of Call Online, Inc., is engaged in the identification, acquisition, development, mining, and exploitation of industrial and natural mineral properties. The company primarily services the agricultural and construction industries, with a focus on developing deposits of pozzolan, white silica, and potassium sulfate. Purebase holds interests in key mineral assets, including the Snow White Mine property in San Bernardino County, California, and placer mining claims in the Long Valley Pozzolan Deposit in Lassen County, California, alongside land holdings in Nevada. This strategic focus on essential mineral resources places Purebase within a critical segment of the industrial supply chain.
How much funding has Purebase raised?
Purebase has raised a total of $2M across 1 funding round:
Other Financing Round
$2M
Other Financing Round (2021): $2M with participation from US Mine
Key Investors in Purebase
US Mine
US Mine Corp is an entity focused on mineral resource development, likely providing strategic capital and operational expertise to companies within the mining sector.
What's next for Purebase?
The recent major strategic investment into Purebase signals a pivotal growth phase, likely aimed at accelerating the development and exploitation of its identified mineral deposits. This capital infusion is expected to bolster operational capacity, enhance exploration efforts, and potentially expand market reach within the agricultural and construction sectors. The company's enterprise-level funding context suggests a strategic push towards scaling production and solidifying its market position, leveraging its substantial mineral asset base for future expansion and profitability.
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