01:44:35 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Pathfinder Ventures Inc
Symbol RV
Shares Issued 93,681,976
Close 2024-04-10 C$ 0.03
Market Cap C$ 2,810,459
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Pathfinder Ventures signs lease for Osoyoos RV resort

2024-04-10 13:42 ET - News Release

Mr. Joe Bleackley reports

PATHFINDER ANNOUNCES PLANS FOR WATERFRONT RV RESORT IN OSOYOOS BC

Pathfinder Ventures Inc. has signed a lease agreement to develop a 15-acre waterfront RV (recreational vehicle) resort in Osoyoos, B.C.

Pathfinder signs an offer to lease 15 acres waterfront property on Osoyoos Lake

Pathfinder is pleased to announce the proposed expansion of its portfolio with the addition of the Osoyoos Lake RV resort. The project will involve the construction of approximately 120 RV sites. Operating under a seasonal stay model, the resort will offer guests the chance to enjoy a cottage experience in their luxury RV at a newly constructed modern resort.

Pathfinder is planning to offer presales of new RVs and a seasonally leased site to customers in the summer of 2024, with plans for the resort to be fully operational for the 2025 season. This new business model will reflect Pathfinder's success in the land-lease growth approach, which also shows promising and robust economics for the company.

"I believe this is going to be one of the nicest and most spectacular RV resorts in B.C. when we are fully operational. The property is stunning and perfect for providing outdoor hospitality as it's situated directly on one of the most beautiful lakes in Canada," said Joe Bleackley, chief executive officerat Pathfinder.

Forward-looking outlook and M&A (merger and acquisition) pipeline

Pathfinder remains steadfast in its pursuit of growth opportunities within the RV resort industry, buoyed by a robust M&A pipeline and the prospect of declining interest rates, which are anticipated to spur increased activity and expansion in 2024.

Pathfinder is well positioned to capitalize on emerging opportunities, leveraging its expertise, strategic partnerships and innovative solutions to deliver exceptional value to stakeholders.

About Pathfinder Ventures Inc.

Pathfinder Ventures is a leading provider of premium RV camping experiences, committed to delivering exceptional hospitality and modern amenities to outdoor enthusiasts. With a portfolio of strategically located resorts, Pathfinder offers unparalleled opportunities for memorable RV vacations.

We seek Safe Harbor.

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