Mr. Joe Bleackley reports

PATHFINDER PROVIDES UPDATE ON ANNUAL GENERAL MEETING MAILOUT AND PRIVATE PLACEMENT

Pathfinder Ventures Inc. has provided the following corporate updates.

1. Delivery of annual general meeting materials

The company announces that it has scheduled its annual general meeting of shareholders for Friday, Dec. 20, 2024, at 11 a.m. Pacific Time. Due to the continuing postal disruption, materials for the meeting may not be delivered in time for the meeting.

The notice, information circular, form of proxy (for registered shareholders) and form of voting instruction form (for non-objecting beneficial owners) are available at: (i) SEDAR+ under the company's profile; and (ii) the Pathfinder website. Alternatively, you may e-mail a representative of the company at IR@pathfinderventures.ca to request that a copy of the AGM materials be e-mailed to you.

Since the electronic form of proxy and VIF lack control numbers, proxies and VIFs cannot be voted on-line or by phone, and must be physically completed, signed and returned to the company's transfer agent, Odyssey Trust Company, by: (i) physical delivery or facsimile (see details in the information circular), or (ii) e-mail to proxy@odysseytrust.com.

2. Extension of closing for non-brokered private placement

Pathfinder has extended the closing date for the second tranche of its non-brokered private placement first announced July 8, 2024, and has upsized the total offering to 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 Dec. 20, 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 common share at a price of 20 cents for a period of 36 months, subject to accelerated expiry upon certain events.

The issuer intends to use the net proceeds to finance and advance upgrades and expansion at its recreational vehicle resorts, to advance acquisition opportunities within its pipeline, 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.

3. Appointment of interim chairman

The board of directors of the company has appointed Allen Szmyrko as interim chairman of the company's board.

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.