Pathfinder Ventures Announces Closing of Parksville Refinancing and Extension of Private Placement
VANCOUVER, BC / ACCESS Newswire / March 11, 2026 / Pathfinder Ventures Inc. (“Pathfinder” or the “Company”) (TSXV:RV) is pleased to announce that it has successfully completed the previously announced refinancing of its Parksville RV Resort property located at 380 Martindale Road, Parksville, British Columbia.
As previously disclosed, the refinancing replaces the Company’s prior mortgage which contained restrictive covenants, including lender approval rights over certain corporate indebtedness and rights of first refusal over Company assets. With the closing of the new facility, these restrictions have been removed, providing Pathfinder with greater strategic flexibility to pursue acquisitions, development opportunities, and financing initiatives.
The Company believes the refinancing strengthens its financial position and supports its ongoing initiatives in RV resort development and modular housing communities.
Extension of Private Placement
Further to the Company’s news release dated January 20, 2026, Pathfinder also announces that it is extending the closing of its previously announced non-brokered private placement of up to $2,000,000.
The Company is extending the offering for an additional 30 days to April 9, 2026, and anticipates completing an initial tranche closing within approximately 10 business days, subject to receipt of subscriptions and the approval of the TSX Venture Exchange.
The Private Placement consists of up to 40,000,000 common shares at a price of $0.05 per share, for gross proceeds of up to $2,000,000. Each share will be issued with one-half (1/2) of one non-transferable common share purchase warrant, with each whole warrant exercisable at $0.10 for a period of 36 months from the date of issuance.
Finder’s fees may be payable in connection with the Private Placement in accordance with the policies of the TSX Venture Exchange.
The Company intends to use the net proceeds of the Private Placement for general working capital purposes, continued development of its RV resort portfolio, and advancement of acquisition opportunities including modular housing communities.
On behalf of the Board of Directors
Joe Bleackley
Chief Executive Officer, Director
Pathfinder Ventures Inc.
Company Contact:
Joe Bleackley
CEO & Director
Phone: (604) 914-2575
Email: ir@PathfinderVentures.ca
Web: PathfinderVentures.ca | PathfinderCampResorts.com
