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Pathfinder Ventures Initiates $2 Million Private Placement

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FAQsIR News Desk
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Pathfinder Ventures Inc. has announced its plans for a non-brokered private placement aimed at raising $2 million through the issuance of 40 million common shares. Each share will be offered at a price of $0.05, with potential additional funding from purchaser warrants included in the offering.

#Details of the Private Placement

The financing will see investors receive one-half of a common share purchase warrant with each share purchased. This warrant will permit investors to acquire one additional common share of the company for $0.10 within a 36-month period, subject to specific acceleration conditions.

#Intended Use of Proceeds

The funds secured from this private placement are earmarked for general working capital. Pathfinder Ventures intends to apply the proceeds to support ongoing developments in RV resort projects and to facilitate potential acquisitions, including modular housing communities. The completion of this offering is contingent upon approval from the TSX Venture Exchange.

#Forward-Looking Statements and Risks

While Pathfinder expresses confidence in its forward-looking statements, it acknowledges the inherent risks and uncertainties involved. Investors are advised to consider factors such as market conditions and the execution of the company's operational strategy, which may affect the realization of anticipated outcomes.

#Regulatory Considerations

It is important to note that the securities involved in this private placement have not been registered under U.S. securities laws and are not available for sale to U.S. persons without proper registration or exemption.

#Key Takeaways

  • Pathfinder Ventures is conducting a non-brokered private placement to raise $2 million by issuing 40 million common shares at $0.05 each.
  • Each share purchase includes one-half of a warrant for acquiring additional shares at $0.10 per share over the next three years.
  • Proceeds will primarily support general working capital and ongoing development projects, along with acquisition efforts.
  • This private placement is subject to approval from the TSX Venture Exchange.
  • The securities are not registered in the United States and cannot be sold to U.S. persons without appropriate registration.

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Frequently Asked Questions

The funds raised through this private placement are intended for general working capital, supporting ongoing RV resort developments, project expansions, and advancing potential acquisition opportunities, particularly in modular housing communities. This strategic focus could position the company to enhance its market presence.
Pathfinder Ventures is offering 40,000,000 common shares at a price of $0.05 per share. This pricing could attract investors looking for an entry point in a company with aspirations for growth.
Each share comes with one-half of a warrant, allowing for the purchase of an additional common share at $0.10 for a period of 36 months. This structure incentivises early investment and could yield potential upside as the company develops its projects.
Forward-looking statements are inherently risky and uncertain, involving factors like operational strategy execution and market conditions. Nonetheless, the company’s proactive approach to addressing these risks demonstrates its commitment to long-term success.
No, the securities have not been registered under U.S. securities laws and cannot be offered or sold within the U.S. This highlights the company’s compliance with regulatory requirements, focusing on its targeted markets.
The completion of the private placement is subject to approval from the TSX Venture Exchange. Such oversight reassures investors of the transaction's legitimacy and adherence to market standards.
The proceeds are earmarked for strategic developments and acquisitions, indicating a forward-thinking approach that could support the company’s expansion efforts and enhance shareholder value.
Finder's fees may be payable in accordance with TSX Venture Exchange policies, which suggests that the company is engaging experienced intermediaries to facilitate this raising, potentially enhancing its credibility and investor reach.