Mr. Joe Bleackley reports

PATHFINDER PROVIDES CORPORATE UPDATE

Pathfinder Ventures Inc. has provided the following corporate updates.

Extension of closing for non-brokered private placement

Further to the news release of Oct. 15, 2024, Pathfinder has extended the closing date for the second tranche of its non-brokered private placement of 20 million units at a price of 10 cents per unit for gross proceeds of up to $2-million, of which seven million units ($700,000) were issued on Sept. 13, 2024. The company intends to extend the offering for the remaining balance of 13 million units to Nov. 29, 2024.

Each unit is composed of one postconsolidation common share of the company and one-half of a non-transferable purchase warrant, with a whole warrant entitling the holder to purchase a share at a price of 20 cents for a period of 36 months, subject to accelerated expiry upon certain events.

Net proceeds will be used to upgrade and expand recreational vehicle resorts, to pursue acquisition and development opportunities, 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.

Annual general meeting date

The company has determined that its 2024 annual general meeting of shareholders will be held on Dec. 20, 2024, at 11 a.m. PST, at the offices of Vantage Law Corp., Suite 1120, 625 Howe St., Vancouver, B.C. The company anticipates that the only items on the agenda will be the reappointment of an auditor, the fixing of the number of directors, electing directors and reapproving the company's security-based compensation plan. The company encourages shareholders to opt in and utilize electronic communications to save costs and support the environment.

Change in corporate secretary

Joe Bleackley, chief executive officer and director of Pathfinder, has resigned as corporate secretary, and Dr. Len Brownlie, PhD, has been appointed as corporate secretary. This change is intended to streamline management time while Mr. Bleackley continues his role as CEO and director.

Change to board of directors

Dr. Brownlie has resigned as a director to focus on other business and recreational ventures. The board of directors would like to thank him for his contributions to Pathfinder over the past three years and looks forward to his continued support as corporate secretary.

Appointment of director

To fill the vacancy left by Dr. Brownlie's resignation, the company has appointed Allen Szmyrko to the company's board subject to TSX Venture Exchange approval.

Mr. Szmyrko brings over two decades of experience in corporate management, governance and civil earthworks, with a focus on large-scale projects and real estate development across Western Canada. As the head of a vertically integrated firm offering services in project management, modular home manufacturing and civil/structural engineering, he has overseen the construction of over 150 homes in the past two years.

Currently, Mr. Szmyrko is advancing several major projects, including three communities on first nations lands in the Okanagan Valley, delivering up to 950 affordable homes in the region. His deep expertise ensures efficient site preparation and infrastructure development, while his commitment to ethical partnerships enhances community impact. With a leadership style that emphasizes innovation, strategic growth and sustainability, Mr. Szmyrko is poised to make a significant contribution to Pathfinder.

"Mr. Szmyrko's extensive expertise in construction and real estate development, combined with a proven track record in leading major projects and driving investment growth, make him an invaluable addition to our team. We look forward to leveraging his knowledge and leadership to fuel Pathfinder's continued growth and success," said Mr. Bleackley.

About Pathfinder Ventures Inc.

Pathfinder 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.

We seek Safe Harbor.