Announcement • Aug 01
Pathfinder Ventures Inc. Announces CEO Changes Pathfinder Ventures Inc. announced the appointment of Mark Roseborough as Chief Executive Officer. Mark had served as a Director of Pathfinder Ventures and had been leading the Company's operations over the past year, playing a key role in strengthening operational performance, improving efficiencies, and helping position the Company for its next phase of growth. His leadership had contributed to meaningful operational improvements across Pathfinder's resort portfolio, strengthened operational execution, and supported the Company's continued focus on financial discipline and long-term value creation. The Board believed Mark's extensive operational and executive leadership experience made him ideally suited to lead the Company forward. Joe Bleackley was the outgoing Chief Executive Officer and continued as Director of Pathfinder Ventures. Mark Roseborough brought more than three decades of executive leadership experience spanning manufacturing, industrial operations, infrastructure development, and strategic business growth. Over the past year, Mark had played a significant role in overseeing Pathfinder's operations, implementing operational improvements, and helping strengthen the Company's financial performance through disciplined execution and enhanced efficiencies. Throughout his career, Mark had served on boards of companies involved in water purification technologies, biogas systems, and advanced nanoparticle applications. From 2014 to 2019, he facilitated modular home developments and previously led utility engineering for Dow Corning's USD 1.2 billion semiconductor manufacturing facility. Earlier in his career, Mark served as Vice President of Manufacturing for Belkorp Industries, where he oversaw operations across six pulp mills. He also served as President of Mohawk Oil Lubricants and later as Chief Executive Officer of Bluewater Fiber Pulp Mill, where he worked alongside Merrill Lynch and Cerberus Capital Partners on strategic restructuring and operational initiatives. Announcement • May 13
Pathfinder Ventures Inc. announced that it has received CAD 0.716456 million in funding On May 12, 2026, Pathfinder Ventures Inc. has closed the transaction and issued 14,329,120 units at a price of CAD 0.05 for gross proceeds of CAD 716,456. The company paid aggregate finders' fees of CAD 50,151.92 in cash and 1,003,038 finders' warrants having the same terms as the warrants. Reported Earnings • May 05
Full year 2025 earnings released: CA$0.032 loss per share (vs CA$0.081 loss in FY 2024) Full year 2025 results: CA$0.032 loss per share (improved from CA$0.081 loss in FY 2024). Revenue: CA$3.70m (up 9.2% from FY 2024). Net loss: CA$1.47m (loss narrowed 28% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Market cap is less than US$10m (CA$2.99m market cap, or US$2.18m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$3.6m revenue, or US$2.6m). Announcement • Jan 21
Pathfinder Ventures Inc. announced that it expects to receive CAD 2 million in funding Pathfinder Ventures Inc. announced a non-brokered private placement of 40,000,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 2,000,000 on January 21, 2026. Each share will be issued with one-half of one non-transferable common share purchase warrant, with each whole warrant entitling the holder to acquire one additional common share of the company at a price of CAD 0.10 for a period of 36 months from the date of issuance, subject to acceleration on the occurrence of certain events. Finders' fees may be payable in connection with the private placement in accordance with the policies of the TSX Venture Exchange. Completion of the private placement remains subject to the approval of the TSX Venture Exchange. Reported Earnings • Nov 30
Third quarter 2025 earnings released: EPS: CA$0.008 (vs CA$0.003 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.008 (up from CA$0.003 in 3Q 2024). Revenue: CA$1.72m (up 8.9% from 3Q 2024). Net income: CA$359.3k (up 428% from 3Q 2024). Profit margin: 21% (up from 4.3% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Announcement • Oct 16
Pathfinder Ventures Inc., Annual General Meeting, Dec 22, 2025 Pathfinder Ventures Inc., Annual General Meeting, Dec 22, 2025. Reported Earnings • Aug 27
Second quarter 2025 earnings released: CA$0.011 loss per share (vs CA$0.024 loss in 2Q 2024) Second quarter 2025 results: CA$0.011 loss per share (improved from CA$0.024 loss in 2Q 2024). Revenue: CA$984.8k (up 16% from 2Q 2024). Net loss: CA$482.4k (loss narrowed 13% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Reported Earnings • May 31
First quarter 2025 earnings released: CA$0.017 loss per share (vs CA$0.037 loss in 1Q 2024) First quarter 2025 results: CA$0.017 loss per share (improved from CA$0.037 loss in 1Q 2024). Revenue: CA$416.6k (down 8.1% from 1Q 2024). Net loss: CA$761.0k (loss narrowed 2.7% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. New Risk • May 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$442k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$442k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Market cap is less than US$10m (CA$2.96m market cap, or US$2.15m). Minor Risk Revenue is less than US$5m (CA$3.4m revenue, or US$2.5m). Announcement • Dec 25
Pathfinder Ventures Inc. announced that it has received CAD 2.2075 million in funding On December 24, 2024, Pathfinder Ventures Inc. closed the transaction. The company issued an additional 15,075,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 1,507,500. Combined with proceeds from the first tranche that closed September 13, 2024, the company has raised an aggregate of CAD 2,207,500. In connection with the second-tranche closing, the company paid CAD 17,500 and issued 175,000 warrants having the same terms as the unit warrants, in payment of finders' fees. In total, the finders' fees for both tranches were CAD 46,900 in cash and 469,000 warrants. All securities issued in the second tranche are subject to a hold period until April 24, 2025. Directors of the company purchased an aggregate of 4,568,500 units in the two tranches, representing approximately 20.7% of the total number of units sold, with the associated common shares representing approximately 10.04% of the outstanding common shares as of the closing. Announcement • Dec 04
Pathfinder Ventures Inc. Appoints Allen Szmyrko as Interim Chairman The Board of Directors Board of Pathfinder Ventures Inc. has appointed Mr. Allen Szmyrko as Interim Chairman of the Company's Board. Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: CA$0.003 (vs CA$0.002 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$0.003 (up from CA$0.002 loss in 3Q 2023). Revenue: CA$1.58m (up 2.1% from 3Q 2023). Net income: CA$68.1k (up CA$100.7k from 3Q 2023). Profit margin: 4.3% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Announcement • Nov 16
Pathfinder Ventures Inc. Announces Executive and Board Changes Pathfinder Ventures Inc. announced that Mr. Joe Bleackley, CEO and Director of Pathfinder, has resigned as Corporate Secretary and Len Brownlie, Ph.D. has been appointed as Corporate Secretary. This change is intended to streamline management time while Joe continues his role as CEO and Director. Len Brownlie has resigned as a director to focus on other business and recreational ventures. The Board of Directors would like to thank Len for his contributions to Pathfinder over the last three years and looks forward to his continued support as Corporate Secretary. To fill the vacancy left by Mr. Brownlie's resignation, the Company has appointed Mr. Allen Szmyrko to the Company's Board subject to TSX Venture Exchange approval. Mr. Szmyrko brings over two decades of experience in corporate management, governance, and civil earthworks, with a focus on large-scale projects and real estate development across Western Canada. As the head of a vertically integrated firm offering services in project management, modular home manufacturing, and civil/structural engineering, he has successfully overseen the construction of over 150 homes in the past two years. Currently, Mr. Szmyrko is advancing several major projects, including three communities on First Nations lands in the Okanagan Valley, delivering up to 950 affordable homes in the region. His deep expertise ensures efficient site preparation and infrastructure development, while his commitment to ethical partnerships enhances community impact. With a leadership style that emphasizes innovation, strategic growth, and sustainability, Mr. Szmyrko is poised to make a significant contribution to Pathfinder. Board Change • Nov 07
Less than half of directors are independent Following Director Lorne Roseborough's arrival on 01 November 2024, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Founder & Independent Director Mike Iverson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 06
Pathfinder Ventures Inc. Appoints Mark Roseborough to Board of Directors Pathfinder Ventures Inc. announce the appointment of Mr. Mark Roseborough to the Company's Board of Directors (the "Board"), subject to TSX Venture Exchange approval. Mr. Roseborough serves on the boards of companies in water purification, biogas, and nanoparticle applications. From 2014 to 2019, he facilitated modular/manufactured home developments and previously led utility engineering for Dow Corning's$1.2 billion semiconductor plant. From 1992 to 2003, Mark was VP of Manufacturing at Belkorp Industries, managing six pulp mills, and President of Mohawk Oil Lubricants. He also served as CEO of Bluewater Fiber Pulp Mill, working with Merrill Lynch and Cerberus Capital Partners. Announcement • Oct 23
Pathfinder Ventures Inc., Annual General Meeting, Dec 20, 2024 Pathfinder Ventures Inc., Annual General Meeting, Dec 20, 2024. Announcement • Oct 09
Pathfinder Announces Changes to Board of Directors Pathfinder Ventures Inc. announces the appointment of Mr. Keith Watts to the Company's Board of Directors (the "Board"), subject to TSX Venture Exchange approval. Additionally, the Company has accepted the resignation of Mr. Mark Accardi from the Board. Mr. Watts is a licensed Realtor with RE/MAX Kelowna with over 26 years of real estate expertise in the Okanagan region. Specializing in both commercial and residential property development, his portfolio includes several notable projects including 109-lot and 230-lot single-family developments, with combined sales of over $90 million, and other projects in the land banking and rezoning stage. Keith has obtained several awards at RE/MAX including Platinum Club Awards, Chairman's Club Awards, RE/MAX Hall of Fame as well as several top 100 Individual RE/MAX Agent acknowledgements for Western Canada. New Risk • Sep 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 77% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$215k free cash flow). Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Market cap is less than US$10m (CA$3.19m market cap, or US$2.35m). Minor Risk Revenue is less than US$5m (CA$3.3m revenue, or US$2.4m). Reported Earnings • Aug 30
Second quarter 2024 earnings released: CA$0.024 loss per share (vs CA$0.04 loss in 2Q 2023) Second quarter 2024 results: CA$0.024 loss per share. Revenue: CA$852.6k (down 1.5% from 2Q 2023). Net loss: CA$557.0k (flat on 2Q 2023). Announcement • Jun 13
Pathfinder Ventures Inc. (TSXV:RV) entered into Letter of Intent to acquire RV Resort in Alberta for $10 million. Pathfinder Ventures Inc. (TSXV:RV) entered into Letter of Intent to acquire RV Resort in Alberta for $10 million on June 11, 2024. Pathfinder plans to finance the acquisition through a combination of financial instruments: $1 million in cash, a $6.5 million first mortgage debt, and a $2.5 million Vendor Take Back (VTB) arrangement. This strategic financing structure aims to optimize the financial efficiency of the acquisition. The completion of the acquisition is subject to further due diligence, along with third-party and regulatory approvals. The company expects the transaction to close in October 2024. Reported Earnings • Jun 05
First quarter 2024 earnings released: CA$0.009 loss per share (vs CA$0.013 loss in 1Q 2023) First quarter 2024 results: CA$0.009 loss per share. Revenue: CA$453.4k (down 12% from 1Q 2023). Net loss: CA$781.9k (loss widened 7.5% from 1Q 2023). Reported Earnings • May 01
Full year 2023 earnings released: CA$0.034 loss per share (vs CA$0.04 loss in FY 2022) Full year 2023 results: CA$0.034 loss per share (improved from CA$0.04 loss in FY 2022). Revenue: CA$3.37m (flat on FY 2022). Net loss: CA$2.07m (loss narrowed 8.1% from FY 2022). New Risk • Feb 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Market cap is less than US$10m (CA$1.87m market cap, or US$1.39m). Minor Risk Revenue is less than US$5m (CA$3.5m revenue, or US$2.6m). Announcement • Feb 06
Pathfinder Ventures Inc. announced that it has received CAD 0.5 million in funding On February 5, 2024, Pathfinder Ventures Inc. closed the transaction. The company issued 25,000,000 shares at a price of CAD 0.02 per share for the gross proceeds of up to CAD 500,000. All securities issued are subject to a four-month statutory hold period and a concurrent four-month exchange hold period, expiring June 6, 2024. Directors and officers of the company purchased an aggregate of 2,750,000 shares, representing 11% of the total number of shares sold pursuant to the offering, or 2.94% of the issued and outstanding shares following closing. No finder fees were paid in connection with the Offering. Announcement • Jan 13
Pathfinder Ventures Inc. Announces Chief Financial Officer Changes Pathfinder Ventures Inc. announced the appointment of Mathew Lee as Chief Financial Officer. Mathew has over 15 years of experience as a finance executive and is currently serving as president of Manning Lee Management Ltd., providing CFO services to publicly traded companies. Mathew specializes in providing M&A accounting, management, securities regulatory compliance, and corporate secretarial services. Mathew is a CPA Charter holder and earned a B. Comm from the University of British Columbia. Pathfinder Thanks Jennifer Lee, Outgoing CFO Jennifer Lee, CPA CA, has resigned as the Chief Financial Officer for the Company. Announcement • Dec 05
Pathfinder Ventures Inc. announced that it expects to receive CAD 0.5 million in funding Pathfinder Ventures Inc. announced a non-brokered private placement of up to 25,000,000 common shares at a price of CAD 0.02 per share for the gross proceeds of up to CAD 500,000 on December 4, 2023. Finders' fees may be payable in accordance with the policies of the TSX Venture Exchange. Any securities issued in connection with the Private Placement are expected to be subject to a 4-month statutory hold period and a concurrent 4-month Exchange hold period. The transaction is subject to the approval of the Exchange. Reported Earnings • Nov 23
Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 3Q 2022) Third quarter 2023 results: CA$0.001 loss per share (improved from CA$0.002 loss in 3Q 2022). Revenue: CA$1.54m (up 10% from 3Q 2022). Net loss: CA$32.6k (loss narrowed 65% from 3Q 2022). New Risk • Oct 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (CA$2.06m market cap, or US$1.49m). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Revenue is less than US$5m (CA$3.4m revenue, or US$2.4m). Announcement • Oct 19
Pathfinder Ventures Inc., Annual General Meeting, Dec 21, 2023 Pathfinder Ventures Inc., Annual General Meeting, Dec 21, 2023. Reported Earnings • Sep 03
Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 2Q 2022) Second quarter 2023 results: CA$0.01 loss per share (further deteriorated from CA$0.007 loss in 2Q 2022). Revenue: CA$865.6k (down 5.6% from 2Q 2022). Net loss: CA$555.1k (loss widened 38% from 2Q 2022). Announcement • Sep 01
Pathfinder Ventures Inc. announced that it has received CAD 0.4 million in funding On August 31, 2023, Pathfinder Ventures Inc. closed the transaction. The company has now issued 10 million units at a price of CAD 0.04 per unit for gross proceeds of CAD 400,000. Each unit is comprised of one common share and one-half of a warrant, a whole warrant is exercisable to purchase a common share at a price of CAD 0.08 until February 28, 2025, subject to accelerated expiry upon the certain events. The company has paid CAD 10,080 and issued 252,000 warrants as finder's fees. All securities issued are subject to a hold period until January 1, 2024. The transaction included participation from directors of the company for an aggregate of 3,837,500 units, representing 38.4% of the total number of units sold pursuant to the transaction, or 5.59% of the issued and outstanding shares following closing. The company has granted 1,860,000 stock options to officers, directors, and consultants to the company. These options have an exercise price of CAD 0.08, no vesting period and an expiry date of August 31, 2028. Announcement • Jul 27
Pathfinder Ventures Inc. announced that it expects to receive CAD 0.5 million in funding Pathfinder Ventures Inc. announced a non-brokered private placement of up to 12,500,000 units at a price of CAD 0.04 per unit to raise total gross proceeds of up to CAD 500,000 on July 25, 2023. Each unit will consist of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire one share at a price of CAD 0.08 for a period of 18 months from closing. If, after the date that is four months and one day after the closing date, the shares trade or close on the TSX Venture Exchange, or such other exchange or market on which the shares may become traded, at CAD 0.15 or more for 10 consecutive trading days, the company may accelerate the expiry of the warrants by giving notice via news release and thereafter the warrants will automatically expire at 4 p.m. Finder's fees may be payable in accordance with the policies of the exchange. The private placement, subject to the approval of the exchange and securities issued in connection with the private placement is subject to a four-month statutory hold period, and if issued or exercisable at less than CAD 0.05 per share, a four-month exchange hold period. Announcement • Jun 23
Pathfinder Ventures Inc. Appoints Cathy Butler to Board of Directors Pathfinder Ventures Inc. announced Storage &RV Resort Expert Cathy Butler joins Board of - Directors, subject to TSX Venture Exchange approval. Cathy Butler, CFA: Pathfinder Ventures Board Member Cathy is Co-founder of Black Sheep Ventures, which owns and operates 4 self-storage facilities and two Recreational Vehicle (RV) resorts throughout BC and Alberta. Cathy has acquired land, developed &operated storage and RV facilities in her career including a $34 million storage portfolio that was sold to Real Storage (now Storage Vault), a 9-acre greenfield storage development that was sold to Storage Vault, a 5-acre greenfield development that was sold to Real Storage (now Storage Vault), and a storage site in Alberta that she sold to StorageMart. Cathy is also the co-founder of Beltline Brownstones Inc. which owns &operates multi-family properties. Earlier in her career Cathy co-founded Natural Borders Reforestation, which grew to merge with New Forest Contractors, later acquired by Fairfax Financial. Cathy has been registered as an Alberta Securities Commission portfolio manager and has held private equity research analyst and business development positions with The Blackstone Group, Avenir Capital, and Wilmington Capital. New Risk • Jun 21
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (CA$2.24m market cap, or US$1.69m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Revenue is less than US$5m (CA$3.4m revenue, or US$2.6m). Reported Earnings • Jun 03
First quarter 2023 earnings released: CA$0.013 loss per share (vs CA$0.013 loss in 1Q 2022) First quarter 2023 results: CA$0.013 loss per share (in line with 1Q 2022). Revenue: CA$512.4k (up 12% from 1Q 2022). Net loss: CA$727.4k (loss narrowed 2.8% from 1Q 2022). Reported Earnings • Dec 01
Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.003 loss in 3Q 2021) Third quarter 2022 results: CA$0.002 loss per share (improved from CA$0.003 loss in 3Q 2021). Revenue: CA$1.40m (up 19% from 3Q 2021). Net loss: CA$92.0k (loss narrowed 41% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Founder, CEO, Company Secretary & Director Joe Bleackley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Nov 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be CA$0.097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 224% over the last year. Earnings per share has declined by 80%. Announcement • Oct 21
Pathfinder Ventures Inc., Annual General Meeting, Dec 30, 2022 Pathfinder Ventures Inc., Annual General Meeting, Dec 30, 2022. Buying Opportunity • Aug 30
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 224% over the last year. Earnings per share has declined by 80%. Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.007 loss per share (vs CA$0.012 loss in 2Q 2021) Second quarter 2022 results: CA$0.007 loss per share (up from CA$0.012 loss in 2Q 2021). Revenue: CA$916.9k (up 81% from 2Q 2021). Net loss: CA$401.6k (loss narrowed 28% from 2Q 2021). Announcement • Jul 13
Pathfinder Ventures Inc. Announces CFO Changes Pathfinder Ventures Inc. announce that Jennifer Lee has joined the Corporation as Chief Financial Officer, subject to the approval of the TSX-V. Jennifer is a successful finance leader with progressive roles in accounting, due diligence, financial analysis and financing. After graduating from Schulich School of Business in 2010, she joined PwC, through which she obtained international secondment experience in the U.S. and Germany. Upon returning to Canada and prior to joining Pathfinder Ventures, Jennifer was the Associate Vice President of Finance, Real Estate, at Fengate Asset Management, which manages $25bn+ of total asset values in real estate, infrastructure, and private equity. Jennifer is a Chartered Professional Accountant of Canada. Darren Prins, CPA CA, plans to resign as the Chief Financial Officer for the Corporation upon hiring of Jennifer Lee. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Founder, CEO, Company Secretary & Director Joe Bleackley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 26
Pathfinder Ventures Pledges to Support Electric RVs at all Pathfinder Camp Resorts Pathfinder Ventures Inc. announced its commitment to support the evolving RV industry and its future customers with electric RVs.Winnebago's Electric Camper Van Concept: The RV conglomerate's plans for electric RVs begin with a camper van, equipped with a full kitchen, bed, and bathroom. The estimated mileage for the 86-kilowatt-hour battery is 125 miles or 201 kilometers. Production plans and pricing are yet to be announced. Board Change • Jan 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, CEO, Company Secretary & Director Joe Bleackley is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.