Pathfinder Ventures Announces Non-Brokered Private Placement and Share Consolidation

Pathfinder Ventures Inc. (TSXV:RV) has announced a non-brokered private placement, offering up to 10 million units at $0.10 per unit, aiming to raise $1,000,000. Each unit will include one common share and one-half of a non-transferable purchase warrant, allowing the purchase of an additional share at $0.20 within 36 months.

The company also intends to consolidate its common shares at a 4:1 ratio, reducing its outstanding shares from 93,681,976 to approximately 23,420,494. This consolidation aims to provide greater flexibility in financing and business transactions.

Finder's fees may be applicable per TSX Venture Exchange policies. The raised funds will support working capital, RV resort developments, expansions, and acquisition opportunities. The completion of these initiatives is subject to TSX Venture Exchange approval.