BRIEF

on Pathfinder Ventures Inc. (isin : CA70323P1071)

Pathfinder Ventures Recognized Among Top Ten Canadian Campgrounds, Announces Corporate Advances

Pathfinder Ventures Inc. has been awarded a spot in the "Top 10 Campgrounds in Canada 2024," with its Agassiz-Harrison Pathfinder Camp Resorts securing the fourth position. This notable recognition was given by Campspot, a leading online marketplace for camping options, based on a comprehensive assessment of factors like reservation data and customer ratings. The achievement underscores Pathfinder's commitment to providing premier camping experiences.

In addition to this accolade, Pathfinder has reported several achievements contributing to its growth, including a 15% increase in occupied site nights in July 2023 compared to the same period in 2022. This growth is attributed to both new and repeat customers and was supported by the addition of more camping sites to its resorts. Further bolstering its corporate strategy, Pathfinder has welcomed real estate entrepreneur Mark Accardi to its Board of Directors and announced an exclusive sales agreement with ResortHQ, providing affordable RV, park model, and tiny home options to customers in British Columbia.

The RV industry outlook appears promising, with projections indicating an 8.8% to 18.8% rise in RV wholesale shipments through 2024. These positive trends are supported by economic factors such as expected lower interest rates and receding inflation, fostering a favorable environment for the RV market. Pathfinder remains optimistic about future growth opportunities, driven by a robust M&A pipeline and the prospect of declining interest rates facilitating expansion.

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