VANCOUVER, BC,
March 14, 2022 /CNW/ -
Pathfinder Ventures Inc. (TSXV: RV) (OTCQB: RVRVF) (the
"Corporation," or "Pathfinder.") is pleased to announce that it has
qualified for trading on the OTCQB Venture Market (the "OTCQB")
under the symbol "RVRVF" in the United
States. The OTCQB is operated by the OTC Markets Group Inc.
The Corporation also announced its common shares are now eligible
for electronic clearing and settlement through the Depository Trust
Company ("DTC") in the United
States. Pathfinder common shares will continue to trade on
the TSX Venture Exchange under the symbol "RV".
![RV Press Release - Pathfinder Ventures Commences Trading on the OTCQB under the symbol 'RVRVF' and Receives DTC Eligibility in the United States (CNW Group/Pathfinder Ventures Inc.) RV Press Release - Pathfinder Ventures Commences Trading on the OTCQB under the symbol 'RVRVF' and Receives DTC Eligibility in the United States (CNW Group/Pathfinder Ventures Inc.)](https://mma.prnewswire.com/media/1765470/Pathfinder_Ventures_Inc__Pathfinder_Ventures_Commences_Trading_o.jpg)
"Having our company listed on the OTCQB is an exciting first
step to provide easier access and trading capability in our shares
for both institutional and retail investors in the United States. Along with our DTC
eligibility, this will contribute to our strategy of enhancing our
share liquidity and broaden the reach and awareness of our growth
in the RV camping and storage industry", says Joe Bleackley, Founder & CEO of Pathfinder
Ventures.
About the OTCQB
The OTCQB Venture Market offers early stage and developing
companies the benefits of being publicly traded in the U.S. with
lower cost and complexity than a U.S. exchange listing. Streamlined
market standards enable companies not yet ready for the OTCQX Best
Market to provide a strong baseline of transparency to inform and
engage U.S. investors. To be eligible, companies must be current in
their reporting and undergo an annual verification and management
certification process. As a verified market with efficient access
to U.S. investors, OTCQB helps companies build shareholder value
with a goal of enhancing liquidity and achieving fair valuation.
Investors can find real-time level 2 quotes and market information
at: https://www.otcmarkets.com/stock/RVRVF/overview.
About DTC Eligibility
DTC is a subsidiary of the Depository Trust & Clearing
Corporation, a U.S. company that manages the electronic clearing
and settlement of publicly traded companies. DTC Eligibility means
that a public company's securities are able to be deposited through
DTC. DTC eligibility is expected to simplify the process of trading
and enhance liquidity of the Company's common shares in
the United States.
About Pathfinder Ventures
Pathfinder Ventures Inc. is developing a network of premier
branded, upscale and family-friendly RV parks and campgrounds under
the "Pathfinder Camp Resorts" name. Pathfinder currently has
three camp resorts located in B.C. and is focused on growing its
network through both acquisitions and new construction. The
Corporation is also seeking to acquire RV & Self Storage
facilities, taking advantage of the rapidly growing market of
people who want to experience the great outdoors in an RV.
On behalf of the board of directors of the
Corporation:
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 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.
Forward-Looking Information Cautionary Statement
This news release contains forward-looking statements
relating to the future operations of the Corporation and other
statements that are not historical facts. Forward-looking
statements are often identified by terms such as "will", "may",
"should", "anticipate", "expects" and similar expressions. All
statements other than statements of historical fact, included in
this release, including, without limitation, statements regarding
the future plans and objectives of the Corporation, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
the Corporation's expectations include risks detailed from time to
time in the filings made by the Corporation with securities
regulations.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Corporation. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release. Except as required by law, the
Corporation does not undertake any obligation to update publicly or
to revise any forward-looking statements that are contained or
incorporated in this press release.
In the case of RV, this news release includes certain
"forward-looking statements" which are particular to RV and are not
comprised of historical facts. Forward-looking statements include
estimates and statements that describe RV's future plans,
objectives or goals, including words to the effect that RV or its
management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as
"believes", "anticipates", "expects", "estimates", "may", "could",
"would", "will", or "plan". 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 RV, RV provides no assurance that actual results will
meet management's expectations. Risks, uncertainties and other
factors involved with forward-looking information could cause
actual events, results, performance, prospects and opportunities to
differ materially from those expressed or implied by such
forward-looking information. Forward looking information in this
news release includes, but is not limited to, RV's objectives,
goals or future plans, statements, its projected revenues and
earnings, and anticipated future growth in new markets. Factors
that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, the
ability of the RV 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 RV' s business; decisions of regulatory authorities and the
timing thereof; Covid-19 related risks, availability of properties;
the economic circumstances surrounding RV'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 or other disclosure document prepared and supplied on
sedar. Although RV believes that the assumptions and factors
used in preparing the forward-looking information in this news
release are reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. RV disclaims any intention
or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
other than as required by law.
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SOURCE Pathfinder Ventures Inc.