Pathfinder Ventures Upsizes Private Placement to $2 Million

Pathfinder Ventures Ltd., based in Vancouver, has announced an extension and increase of its private placement, aiming to raise $2 million. The company previously issued 7 million units, equivalent to $700,000, on September 13, 2024. The extended offering will include an additional 13 million units at a price of $0.10 per unit.

Each unit comprises one common share and one-half of a non-transferable purchase warrant. These warrants allow for the purchase of common shares at $0.20 for 36 months, with an accelerated expiry option.

The proceeds from this offering are intended to enhance RV resort upgrades and fund potential acquisitions. All securities issued will have a four-month hold period, pending TSX Venture Exchange approval.