Mr. Joe Bleackley reports

PATHFINDER SIGNS LETTER OF INTENT TO ACQUIRE 40% INTEREST IN COMPANY DEVELOPING OKANAGAN MODULAR HOME COMMUNITY

Pathfinder Ventures Inc. has entered into a letter of intent (LOI) to subscribe for shares of Westside Modular Home Park Ltd. (WMHP) equal to 35 per cent of WMHP's issued and outstanding shares, increasing Pathfinder's current interest in WMHP from 5 per cent to 40 per cent. As part of the transaction, WMHP and its shareholders will enter into a shareholders' agreement, giving Pathfinder control over the management and affairs of WMHP for purposes of developing the property interest described below. Pathfinder and WMHP are at arm's length.

WMHP holds a head lease with 42 years remaining plus a 49-year renewal option, on a 12.78-acre development property located outside of Vernon, B.C., within Okanagan Indian Reserve No. 1, and plans to develop the property on a presale basis into a residential community comprising approximately 90 modular homes. Pathfinder will manage and finance the construction and continuing operation of the development, with a recovery of all costs prior to distribution of any profits to WMHP shareholders.

Pathfinder expects to incur an initial $500,000 to complete the infrastructure on the first section of 11 lots, to make them ready for final home placement and utility tie-in, for which Pathfinder has secured a $500,000 construction line of credit bearing interest at 5 per cent per annum. Pathfinder has also secured favourable terms for the supply of modular homes direct from the manufacturer, Woodland Crafted Homes and the marketing/presale efforts for the development have already commenced.

Joe Bleackley, founder and chief executive officer of Pathfinder, emphasized: "We are pleased to expand Pathfinder's presence in the community living space (MHC) -- a strategic move we've been thoughtfully exploring and pursuing over the past 12 months. This acquisition is not only a major milestone in our growth story, but it also reflects our ability to structure smart, capital-efficient deals. By issuing Pathfinder shares as part of the transaction and securing a very favourable vendor takeback, we're preserving capital while positioning ourselves for long-term success."

The purchase price for the transaction will be $3.5-million, consisting of common shares of Pathfinder equal to 19.99 per cent of Pathfinder's posttransaction issued and outstanding shares, at a price of 10 cents per share, with a vendor takeback loan for the balance of the purchase price. No finder fees are payable in connection with the transaction. The consideration shares are expected to be subject to a hold period of four months from the date of issue. Completion of the transaction remains subject to third party approvals, including the TSX Venture Exchange.

Management commentary

Management is confident in the strong future of the RV and MHC industries, particularly in light of growing Canada and United States political tensions, and concerns regarding housing affordability. Pathfinder's RV portfolio is well positioned to capitalize on Canadians desires to experience travel and tourism in Canada, as opposed to the United States, and manufactured home communities represent one of the most attractive and resilient investment opportunities in today's housing market, driven by their affordability and growing demand. As traditional housing becomes increasingly out of reach for many, MH communities are well positioned to deliver stable, long-term returns by meeting the essential need for attainable housing across North America.

About Pathfinder Ventures Inc.

Pathfinder Ventures aims to be the premier provider of RV (recreational vehicle) resorts and manufactured housing communities, recognized for delivering exceptional guest experiences and innovative housing solutions. The company 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, the company strives to enhance the lives of its guests, residents and communities.

We seek Safe Harbor.