Pathfinder Extends Expiry Date and Amends Price on Share Purchase Warrants

VANCOUVER, BC / ACCESS Newswire / February 18, 2025 / Pathfinder Ventures Ltd. (TSXV:RV) (“Pathfinder” or the “Company”) announces that it intends to amend the terms of the common share purchase warrants (the “Warrants”) issued under its non-brokered private placement that closed on August 31, 2023.

A total of 5,000,000 Warrants were originally issued, each exercisable to purchase one common share of the Company at a price of $0.08 per common share until February 28, 2025. Following the Company’s subsequent 4:1 share consolidation on August 2, 2024, these now represent 1,250,000 Warrants exercisable to purchase one common share of the Company at a price of $0.32 per common share. The Company intends to extend the expiry date of the warrants by an additional 36 months to February 28, 2028, and reduce the exercise price to $0.20 per common share.

Non-insiders hold a total of 973,438 Warrants, with insiders holding the balance of 276,562 Warrants. In accordance with the TSX Venture Exchange’s (the “Exchange”) limit on amending warrants held by insiders to 10% of the total number of Warrants, the Company will be seeking Exchange approval to amend the Warrants held by non-insiders and 125,000 Warrants held by insiders, for a total of 1,098,438 out of the 1,250,000 currently outstanding Warrants.

The proposed amendment of the Warrants remains subject to the approval of the Exchange.

About Pathfinder Ventures

Pathfinder Ventures Inc. is a leading operator of RV Resorts and Manufactured Housing Communities, committed to delivering exceptional hospitality and modern amenities as a core aspect of its portfolio.

On behalf of the board of directors of the Corporation:

Joe Bleackley
Chief Executive Officer, Founder and Director
Pathfinder Ventures Inc.

Company Contact:
Joe Bleackley
Chief Executive Officer, and Director
Phone: (604) 914 2575
Email: ir@PathfinderVentures.ca
Website: PathfinderVentures.ca|| PathfinderCampResorts.com