PATHFINDER VENTURES INC - RVRVF STOCK NEWS

Pathfinder Ventures (TSXV:RV) has announced several corporate updates. The company has scheduled its annual general meeting for December 20, 2024, with meeting materials available online due to postal disruptions. The company has also extended and upsized its non-brokered private placement to 20,000,000 units at $0.10 per unit, targeting gross proceeds of up to $2,000,000. Of this, 7,000,000 units ($700,000) were already issued on September 13, 2024, with the remaining balance extended to December 20, 2024. Each unit includes one post-consolidation common share and half a warrant, with whole warrants exercisable at $0.20 for 36 months. The proceeds will fund RV resort upgrades, expansion, and acquisition opportunities. Additionally, Mr. Allen Szmyrko has been appointed as Interim Chairman of the Board.

Pathfinder Ventures Inc. (TSXV:RV) has announced several corporate updates. The company has extended the closing date for the second tranche of its non-brokered private placement to November 29, 2024, aiming to raise the remaining $1.3 million from 13,000,000 units at $0.10 per unit. The company's Annual General Meeting is scheduled for December 20, 2024. In management changes, Joe Bleackley has stepped down as Corporate Secretary while maintaining his CEO role, and Len Brownlie has been appointed as Corporate Secretary. Additionally, Allen Szmyrko has joined the Board of Directors, bringing over 20 years of experience in corporate management and real estate development.

Pathfinder Ventures Inc. (TSXV:RV) has appointed Mark Roseborough to its Board of Directors, pending TSX Venture Exchange approval. Roseborough brings extensive experience in industrial and real estate development, having served on boards in water purification, biogas, and nanoparticle applications. His background includes facilitating modular home developments (2014-2019), managing six pulp mills as VP of Manufacturing at Belkorp Industries (1992-2003), and leading utility engineering for Dow Corning's $1.2 billion semiconductor plant. Pathfinder Ventures operates three camp resorts in B.C. under the 'Pathfinder Camp Resorts' brand, focusing on upscale RV parks and campgrounds.

Pathfinder Ventures (TSXV:RV) has extended the closing date for the second tranche of its non-brokered private placement and upsized the total offering to 20,000,000 units at $0.10 per unit for gross proceeds of up to $2,000,000. The company has already issued 7,000,000 units ($700,000) on September 13, 2024, and intends to extend the offering for the remaining 13,000,000 units for up to 30 days.

Each unit comprises one post-consolidation common share and one-half of a non-transferable purchase warrant. A whole warrant allows the holder to purchase a common share at $0.20 for 36 months, subject to accelerated expiry. The net proceeds will fund upgrades and expansion at RV resorts, advance acquisition opportunities, and provide working capital. The private placement completion is subject to TSX Venture Exchange approval.

Pathfinder Ventures Inc. (TSXV:RV) has announced changes to its Board of Directors. Keith Watts, a licensed Realtor with RE/MAX Kelowna, has been appointed to the Board, subject to TSX Venture Exchange approval. Watts brings over 26 years of real estate expertise in the Okanagan region, specializing in commercial and residential property development. His portfolio includes notable projects with combined sales exceeding $90 million.

Simultaneously, the company has accepted the resignation of Mark Accardi from the Board. CEO Joe Bleackley expressed confidence in Watts' ability to shape the company's growth and future success, citing his extensive experience in navigating zoning regulations and driving investment growth. The Board thanked Accardi for his valuable contributions to Pathfinder Ventures.

Pathfinder Ventures is developing a network of upscale, family-friendly RV parks and campgrounds under the "Pathfinder Camp Resorts" name, currently operating three camp resorts in B.C.

Pathfinder Ventures (TSXV:RV) has successfully closed the first tranche of its non-brokered private placement, raising $700,000 by issuing 7,000,000 units at $0.10 per unit. Each unit comprises one common share and half a warrant, exercisable at $0.20 until September 13, 2027. The company plans to extend the offering for an additional 3,000,000 units over the next 45 days.

The proceeds will be used to fund upgrades and expansion of RV resorts, pursue acquisition opportunities, and for working capital. In connection with the closing, Pathfinder paid $29,400 and issued 294,000 warrants as finder fees. Company directors purchased 200,000 units, representing 2.86% of the total units sold.

Pathfinder Ventures Inc. (TSXV: RV) has announced a 4:1 share consolidation effective August 1, 2024. The company's outstanding shares will reduce from 93,681,976 to approximately 23,420,494. This consolidation aims to provide increased flexibility for financings and potential business transactions. The company's name and trading symbol will remain unchanged, with post-consolidation trading commencing on August 2, 2024. Registered shareholders will receive instructions for exchanging share certificates, while uncertificated shares will be adjusted electronically. Additionally, Pathfinder has received conditional approval for a non-brokered private placement of up to 10,000,000 post-consolidation units at $0.10 per unit, subject to final Exchange approval.

Pathfinder Ventures Inc. (TSXV:RV) has launched Pathfinder Lifestyle Communities, a new division focused on acquiring and developing manufactured home communities (MHCs) to address housing shortages and affordability issues. The company aims to create well-planned communities offering high-quality, affordable homes with resort-like amenities. Pathfinder currently owns a 10-unit MHC in Parksville, which has maintained 100% occupancy since 2020.

Key highlights of Pathfinder Lifestyle Communities include:

• Affordable housing solutions using manufactured housing construction
• Land-lease community model
• Stable and attractive asset class
• Sustainable development practices
• Community-oriented living with shared amenities

This initiative represents a strategic growth opportunity for Pathfinder Ventures, leveraging its expertise in RV resorts and MHCs to address the growing demand for affordable housing options.

Pathfinder Ventures announced a non-brokered private placement to raise up to $1 million by issuing 10 million units at $0.10 per unit. Each unit includes one common share and half a non-transferable warrant, with each whole warrant allowing the purchase of an additional share at $0.20 within 36 months. Concurrently, Pathfinder will consolidate its shares on a 4-to-1 basis, reducing the total outstanding shares from 93.7 million to approximately 23.4 million. The consolidation aims to enhance financial flexibility for future financings and transactions. The funds from the private placement will support working capital, RV resort development, expansion, and acquisition opportunities. Both initiatives are pending TSX Venture Exchange approval.