Pathfinder Provides Update on Annual General Meeting Mailout and Private Placement

NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES

VANCOUVER, BC / ACCESSWIRE / December 3, 2024 / Pathfinder Ventures Inc. (TSXV:RV) (“Pathfinder Ventures” or the “Company”) is pleased to announce the following corporate updates:

1. Delivery of Annual General Meeting Materials

The Company announces that it has scheduled its annual general meeting (the “Meeting”) of shareholders for Friday, December 20, 2024 at 11:00 a.m. (Pacific Time). Due to the ongoing postal disruption, materials for the Meeting may not be delivered in time for the Meeting.

The Notice, Information Circular, form of Proxy (for registered shareholders) and form of Voting Instruction Form (for non-objecting beneficial owners) is available at (i) www.sedarplus.ca under the Company’s profile and (ii) at the following URL: https://pathfinderventures.ca/investors/. Alternatively, you may email a representative of the Company at: IR@pathfinderventures.ca to request that a copy of the AGM materials be emailed to you.

Since the electronic form of Proxy and VIF lack control numbers, Proxies and VIF’s cannot be voted online or by phone, and must be physically completed, signed, and returned to the Company’s transfer agent, Odyssey Trust Company, by (i) physical delivery or facsimile (see details in the Information Circular), or (ii) email to: proxy@odysseytrust.com.

2. Extension of Closing for Non-Brokered Private Placement

Pathfinder has extended the closing date for the second tranche of its non-brokered private placement first announced July 8, 2024 and has upsized the total offering to 20,000,000 units (“Units“) at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 of which 7,000,000 units ($700,000) were issued on September 13, 2024. The Company intends to extend the offering for the remaining balance of 13,000,000 Units to December 20, 2024.

Each Unit is comprised of one post-consolidation common share (a “Share”) of the Company and one-half of a non-transferable purchase warrant, with a whole warrant (“Warrant”) entitling the holder to purchase a common share at a price of $0.20 for a period of 36 months, subject to accelerated expiry upon certain events.

The Issuer intends to use the net proceeds to fund and advance upgrades and expansion at its RV resorts, to advance acquisition opportunities within its pipeline, and for general working capital. All securities issued will be subject to a four month hold period.

Completion of the Private Placement remains subject to the approval of the TSX Venture Exchange.

3. Appointment of Interim Chairman

The Board of Directors Board (the “Board”) of the Company has appointed Mr. Allen Szmyrko as Interim Chairman of the Company’s Board.

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