VANCOUVER, BC / ACCESS Newswire / March 27, 2025 / Pathfinder Ventures Ltd. (TSXV:RV) ("Pathfinder" or the "Company") is pleased to provide an update on the progress of its Lifestyle Communities division and insight on its Western Canada RV Portfolio.
Pathfinder Communities - Focused on Housing Affordability
Since announcing the launch of its Pathfinder Lifestyle Communities division, Pathfinder has been actively advancing its plans to create vibrant, affordable housing communities in Western Canada. The Company's strategy focuses on land lease communities that provide high-quality, cost-effective modular and manufactured housing solutions tailored to the needs of Canadians seeking affordable homeownership options.
As demand for attainable housing continues to rise, Pathfinder plans on positioning itself as a leading provider of low-cost housing by leveraging innovative modular construction techniques and community-centric development strategies. Our vision is to establish and operate well-designed, sustainable communities that offer residents an exceptional quality of life at a fraction of traditional housing costs.
"Our Lifestyle Communities division is progressing as planned, and we look forward to unveiling specific projects in the near future as we work toward helping Canadians find cost effective housing solutions," said Joe Bleackley, CEO of Pathfinder.
Pathfinder's Camp Resort Portfolio is experiencing an increase in reservations, driven in part by ongoing Canada-U.S. tensions that are leading more Canadians to vacation locally.
According to the company's latest reservation data, bookings for April 2025 are 48% higher than the same period last year. Looking further ahead, advance bookings for the upcoming months are already up by nearly 10% year over year.
This data suggests two key trends: in the short term, more Canadians are opting to stay local, and in the long term, travelers are increasingly planning summer vacations within Canada rather than in the U.S.
While data on Pathfinder's winter RV program is still being collected, management anticipates a potential surge in demand for Winter 25/26. Many snowbirds may choose to remain in Canada rather than traveling to warmer destinations such as Arizona, Palm Springs, or Florida. As all of Pathfinder's parks are in Western Canada, the company sees a strong opportunity to capture this growing market.
Pathfinder will continue to monitor booking trends closely and provide further updates as more data becomes available.
"The strong increase in bookings for our RV Resort portfolio reflects growing demand for local vacation options. We are well positioned to take advantage of this growing trend and look forward to the continued potential of our parks across Western Canada," said Joe Bleackley, CEO of Pathfinder.
About Pathfinder Ventures
Pathfinder Ventures Inc. aims to be the premier provider of RV resorts and manufactured housing communities, recognized for delivering exceptional guest experiences and innovative housing solutions. We are dedicated to creating welcoming, well-maintained, and modern spaces that bring people together, whether for travel or housing. Through a commitment to hospitality excellence, sustainable practices, and innovative solutions, we strive to enhance the lives of our guests, residents, and communities.
On behalf of the board of directors of the Company:
Joe Bleackley Chief Executive Officer, Founder and Director Pathfinder Ventures Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This news release may include certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include statements and estimates that describe the Company's future plans, objectives or goals, including words to the effect that the Company or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "will", "may", "should", "could", "would", "plans", "estimates", "anticipates", "expects", "believes" and other similar expressions. All statements other than statements of historical fact are forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that such statements will ultimately prove to be accurate and that actual results and future events will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking statements could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release may include, but is not limited to, the Company's objectives, goals or future plans, including funding and refinancing. Factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, the ability of the Company to successfully implement its development strategy and whether this will yield the expected benefits; competitive factors in RV's industry sector; the success or failure of product development programs; currently existing applicable laws and regulations or future applicable laws and regulations that may affect the Company' s business; decisions of regulatory authorities and the timing thereof; Covid-19 related risks, availability of properties for acquisition and/or development; the economic circumstances surrounding the Company's business, including general economic conditions in Canada, the US and worldwide; changes in exchange rates; changes in the equity market; inflation; uncertainties relating to the availability and costs of financing needed in the future; and those other risks disclosed in the filing statement and other disclosure document prepared and supplied on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information. Any forward-looking statement is made as of the date of this news release, and no assurance can be given that any such conditions or events will occur in the indicated time frames, as expected or at all. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will 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 be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
