Mr. Rishu Gaind reports
PATHFINDER VENTURES INC. PROVIDES CORPORATE UPDATE
Pathfinder Ventures Inc. has provided shareholders with an update regarding the company and the reinstatement of trading on the TSX Venture Exchange.
The company is currently in the peak summer operating season, with its resort portfolio welcoming guests across all of its properties. While management remains focused on delivering a successful summer operating season, it is also focused on completing the TSX Venture Exchange reinstatement process and looks forward to returning the company's shares to trading.
As previously announced, the company elected to adopt the semi-annual reporting framework available under Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers). As a result of this election, the company was not required to file first quarter interim financial statements for the period ended March 31, 2026.
Despite the company operating under this exemption, an automated failure-to-file cease trade order was issued by the B.C. Securities Commission on June 5, 2026. Upon becoming aware of the order, the company promptly provided supporting documentation confirming its election under Coordinated Blanket Order 51-933. Following review of the company's submissions, the cease trade order was revoked by the B.C. Securities Commission on June 8, 2026.
Following the revocation of the cease trade order, the TSX Venture Exchange advised the company that a formal reinstatement process was required before trading could resume. Pathfinder continues to work with the exchange to complete that process. Management has substantially completed the requested information package and continues to work through the remaining documentation and regulatory requirements necessary to complete the reinstatement process.
Management appreciates the patience and continued support of its shareholders, and looks forward to providing a further update once the reinstatement process has been completed or as material developments occur.
We seek Safe Harbor.
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