(TheNewswire)
VANCOUVER, B.C. - TheNewswire - November 30, 2023 – Pathfinder Ventures Inc. ( TSXV:RV ) (the “Company” or“Pathfinder.”) is proposing to extend (the “ CD Extension ”) the maturity andconversion term of up to $2,395,000 in principal amount of its Series2021-07.CD10-A and CD10-B convertible debentures from December 1, 2023to March 1, 2023, with the payment of all accrued interest due($204,216 as at November 30, 2023) also deferred until maturity. Allother terms of the convertible debentures will remain the same. The CDExtension is subject to the approval of the TSX Venture Exchange.
About Pathfinder Ventures
Pathfinder Ventures Inc. is developing a network of premier branded,upscale and family-friendly RV parks and campgrounds under the“Pathfinder Camp Resorts” name. Pathfinder currently has threecamp resorts located in B.C. and is focused on growing its networkthrough both acquisitions and new construction. The Corporation istaking advantage of the rapidly growing market of Canadians who wantto experience the great outdoors in an RV.
To learn more about Pathfinder Camp Resorts, click thelink below:
On behalf of the board of directorsof the Corporation:
Joe Bleackley
Chief Executive Officer, Founder and Director
Pathfinder Ventures Inc.
CompanyContact:
Joe Bleackley
Chief Executive Officer, andDirector
Phone: (604) 914 2575
Email: ir@PathfinderVentures.ca
Website: PathfinderVentures.ca || PathfinderCampResorts.com
Anthony Simone
Simone Capital Corp.
Phone: (416)-881-5154
Email: asimone@simonecapital.ca
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. No stock exchange, securitiescommission or other regulatory authority has approved or disapprovedthe information contained herein.
This news release does not constitutean offer to sell or a solicitation of an offer to buy any of thesecurities in the United States. The securities have not been andwill not be registered under the United States Securities Act of 1933,as amended (the "U.S. Securities Act") or any state securities laws and may not beoffered or sold within the United States or to U.S. persons unlessregistered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration isavailable.
Forward-Looking Information Cautionary Statement
Thisnews release contains forward-looking statements relating to thetransactions disclosed herein and the Company’s business.Forward-looking statements are often identified by terms such as"will", "may", "should","anticipate", "expects" and similar expressions.All statements other than statements of historical fact included inthis release, including, without limitation, statements regarding thefuture plans and objectives of the Company, are forward-lookingstatements that involve risks and uncertainties. There can be noassurance that such statements will prove to be accurate and actualresults and future events could differ materially from thoseanticipated in such statements. Important factors that could causeactual results to differ materially from the Corporation'sexpectations include risks and uncertainties relating to thenegotiation of final documentation with respect to the transactionsdisclosed herein, and generally detailed from time to time in thefilings made by the Corporation with securities regulations.
The reader is cautioned thatassumptions used in the preparation of any forward-looking informationmay prove to be incorrect. Events or circumstances may cause actualresults to differ materially from those predicted, as a result ofnumerous known and unknown risks, uncertainties, and other factors,many of which are beyond the control of the Company. The reader iscautioned not to place undue reliance on any forward-lookinginformation. Such information, although considered reasonable bymanagement at the time of preparation, may prove to be incorrect andactual results may differ materially from those anticipated.Forward-looking statements contained in this news release areexpressly qualified by this cautionary statement. The forward-lookingstatements contained in this news release are made as of the date ofthis news release. Except as required by law, the Company does notundertake any obligation to update publicly or to revise anyforward-looking statements that are contained or incorporated in thispress release.
In the case of the Company, thisnews release includes certain "forward-looking statements"which are particular to the Company and are not comprised ofhistorical facts. Forward-looking statements include estimates andstatements that describe the Company’s future plans, objectives orgoals, including words to the effect that the Company or itsmanagement expects a stated condition or result to occur.Forward-looking statements may be identified by such terms as“believes”, “anticipates”, “expects”, “estimates”,“may”, “could”, “would”, “will”, or “plan”. Sinceforward-looking statements are based on assumptions and address futureevents and conditions, by their very nature they involve inherentrisks and uncertainties. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the Company’s objectives, goals or future plans,statements, and refinancing and funding. Factors that could causeactual results to differ materially from such forward-lookinginformation include, but are not limited to, the ability of theCompany to successfully implement its development strategy and whetherthis will yield the expected benefits; competitive factors in RV’sindustry sector; the success or failure of product developmentprograms; currently existing applicable laws and regulations or futureapplicable laws and regulations that may affect the Company’ sbusiness; decisions of regulatory authorities and the timing thereof;Covid-19 related risks, availability of properties; the economiccircumstances surrounding the Company’s business, including generaleconomic conditions in Canada, the US and worldwide; changes inexchange rates; changes in the equity market; inflation; uncertaintiesrelating to the availability and costs of financing needed in thefuture; and those other risks disclosed in the filing statement and other disclosure documentprepared and supplied on SEDAR . Although the Company believes that the assumptions and factorsused in preparing the forward-looking information in this news releaseare reasonable, undue reliance should not be placed on suchinformation, which only applies as of the date of this news release,and no assurance can be given that such events will occur in thedisclosed time frames or at all. The Company disclaims any intentionor obligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwise,other than as required by law.
NOT FORDISTRIBUTION OR DISSEMINATION TO THE UNITED STATES
Copyright (c) 2023 TheNewswire - All rights reserved.