Pathfinder Ventures Secures Parksville RV Resort Refinancing and Extends Private Placement
Vancouver, BC – Pathfinder Ventures Inc. (TSXV:RV) has successfully refinanced its Parksville RV Resort property, located at 380 Martindale Road, Parksville, British Columbia, and has extended the closing date for a non-brokered private placement as announced on March 11, 2026.
Refinancing Details
The refinancing replaces the company’s previous mortgage, which contained restrictive covenants. These covenants included lender approval rights over certain corporate indebtedness and rights of first refusal over company assets. Removing these restrictions provides Pathfinder Ventures with increased strategic flexibility to pursue acquisitions, development opportunities, and financing initiatives .
Private Placement Extension
Pathfinder Ventures has extended the closing date of its previously announced non-brokered private placement to April 9, 2026. The offering aims to raise up to $2,000,000 through the sale of up to 40,000,000 common shares at a price of $0.05 per share .
Each share will be issued with one-half (1/2) of one non-transferable common share purchase warrant. Each whole warrant is exercisable at $0.10 for a period of 36 months from the date of issuance . The company anticipates completing an initial tranche closing within approximately 10 business days, subject to receipt of subscriptions and approval from the TSX Venture Exchange .
Company Overview
Pathfinder Ventures Inc. Is focused on the development of RV resorts and modular housing communities . The company also operates Pathfinder Camp Resorts, offering RV sites, tenting, and cabins in British Columbia .