Phoenix Capital Group

Phoenix Capital Group

Closed: Jan. 2024

About this raise

Phoenix Capital Group is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company has decades of experience in identifying lucrative oil and gas investment opportunities and investing in them to generate value for investors. The business is focused on purchasing mineral rights and non-operated working interests in the regions, including the Williston Basin, the Permian Basin, the Powder River, and the DJ Basin. Lindsey Wilson founded Phoenix Capital Group in 2019. The current crowdfunding campaign has a maximum target of $75 million. The campaign proceeds will be used for purchasing mineral rights and non-operated working interests, and additional asset acquisitions.

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Investment Overview

Invested this round: $33,799,000

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
01/05/2023
Close Date
Not Provided
Min. Goal
$5,000
Max Goal
$75,000,000
Min. Investment

$5,000

Security Type

Debt

SEC Filing Type

RegA+    Open SEC Filing

Interest Rate

9.00%

Company & Team

Company

Year Founded
2019
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Denver, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
51

Financials

 Revenue +78% YoY
$25,291,144
 Monthly Burn
Profitable
 Cash on Hand
$1,976,582

Balance Sheet

Cash and Cash Equivalents

$1,976,582

Accounts and Notes Receivable

$6,681,207

Property, Plant and Equipment (PP&E)

$89,942,752

Total Assets

$83,171,898

Accounts Payable & Accrued Liabilities

$9,548,535

Total Liabilities

$77,476,595

Total Stockholders' Equity

$5,695,303

Total Liabilities and Equity

$83,171,898

Statement of Comprehensive Income Information

Total Revenues

$25,291,144

Depreciation and Amortization

$7,645,050

Net Income

$2,709,408

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Cherry Bekaert LLP
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/05/2024 Dalmore Group - $33,799,000 Debt Funded RegA+
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Phoenix Capital Group on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Debt

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Warning: according to the close date for this deal, Phoenix Capital Group may no longer be accepting investments.

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