Mr. Joe Bleackley reports

PATHFINDER PROVIDES UPDATE ON COMMUNITIES AND RV PARK PORTFOLIO. SPRING 2025 RESERVATIONS INCREASE 48% YEAR-OVER-YEAR

Pathfinder Ventures Ltd. has provided an update on the progress of its Lifestyle Communities division and insight on its Western Canada recreational vehicle portfolio.

Pathfinder Communities -- focused on housing affordability

Since announcing the launch of its Pathfinder Lifestyle Communities division, Pathfinder has been actively advancing its plans to create vibrant, affordable housing communities in Western Canada. The company's strategy focuses on land lease communities that provide high-quality, cost-effective modular and manufactured housing solutions tailored to the needs of Canadians seeking affordable home ownership options.

As demand for attainable housing continues to rise, Pathfinder plans on positioning itself as a leading provider of low-cost housing by leveraging innovative modular construction techniques and community-centric development strategies. Its vision is to establish and operate well-designed, sustainable communities that offer residents an exceptional quality of life at a fraction of traditional housing costs.

"Our Lifestyle Communities division is progressing as planned, and we look forward to unveiling specific projects in the near future as we work toward helping Canadians find cost-effective housing solutions," said Joe Bleackley, chief executive officer of Pathfinder.

Pathfinder RV resort portfolio -- increased reservations as Canada-U.S. tensions rise

Pathfinder's camp resort portfolio is experiencing an increase in reservations, driven in part by continuing Canada-U.S. tensions that are leading more Canadians to vacation locally.

According to the company's latest reservation data, bookings for April, 2025, are 48 per cent higher than the same period last year. Looking further ahead, advance bookings for the coming months are already up by nearly 10 per cent year over year.

These data suggest two key trends: In the short term, more Canadians are opting to stay local, and, in the long term, travellers are increasingly planning summer vacations within Canada rather than in the United States.

While data on Pathfinder's winter RV program are still being collected, management anticipates a potential surge in demand for winter 2025/2026. Many snowbirds may choose to remain in Canada rather than travelling to warmer destinations such as Arizona, Palm Springs or Florida. As all of Pathfinder's parks are in Western Canada, the company sees a strong opportunity to capture this growing market.

Pathfinder will continue to monitor booking trends closely and provide further updates as more data become available.

"The strong increase in bookings for our RV resort portfolio reflects growing demand for local vacation options. We are well positioned to take advantage of this growing trend and look forward to the continued potential of our parks across Western Canada," said Joe Bleackley, chief executive officer of Pathfinder.

About Pathfinder Ventures Inc.

Pathfinder aims to be the premier provider of RV resorts and manufactured housing communities, recognized for delivering exceptional guest experiences and innovative housing solutions. It is dedicated to creating welcoming, well-maintained and modern spaces that bring people together, whether for travel or housing. Through a commitment to hospitality excellence, sustainable practices and innovative solutions, it strives to enhance the lives of its guests, residents and communities.

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