Pathfinder Ventures Announces Operational Reorganization to Support Leaner, Growth-Focused Business Model
Pathfinder Ventures (TSXV:RV) has announced a strategic operational reorganization to create a more efficient business model. The key changes include the departure of COO Stan Duckworth effective September 12, 2025, and the promotion of Rishu Gaind to CFO.
The company is implementing a park-level restructuring initiative to reduce expenses while maintaining service quality. Additionally, Pathfinder provided an update on its ongoing acquisition of Westside Modular Home Park, which aligns with their strategy to expand in the modular and lifestyle housing sector.
Pathfinder Ventures (TSXV:RV) ha annunciato una riorganizzazione operativa strategica per creare un modello di business più efficiente. Le modifiche principali includono l'uscita del COO Stan Duckworth a partire dal 12 settembre 2025 e la promozione di Rishu Gaind a CFO.
L'azienda sta attuando un'iniziativa di ristrutturazione a livello di parco per ridurre i costi mantenendo la qualità del servizio. Inoltre, Pathfinder ha fornito un aggiornamento sull'acquisizione in corso del Westside Modular Home Park, in linea con la loro strategia di espansione nel settore delle abitazioni modulari e lifestyle.
Pathfinder Ventures (TSXV:RV) ha anunciado una reorganización operativa estratégica para crear un modelo de negocio más eficiente. Los cambios clave incluyen la salida del COO Stan Duckworth a partir del 12 de septiembre de 2025 y el ascenso de Rishu Gaind a CFO.
La compañÃa está implementando una iniciativa de reestructuración a nivel de parque para reducir gastos sin afectar la calidad del servicio. Además, Pathfinder proporcionó una actualización sobre su adquisición en curso del Westside Modular Home Park, que se alinea con su estrategia de expansión en el sector de viviendas modulares y de estilo de vida.
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Pathfinder Ventures (TSXV:RV) a annoncé une réorganisation opérationnelle stratégique afin de créer un modèle d'affaires plus efficace. Les changements clés incluent le départ du COO Stan Duckworth à compter du 12 septembre 2025 et la promotion de Rishu Gaind au poste de CFO.
L'entreprise met en œuvre une initiative de restructuration au niveau du parc pour réduire les dépenses tout en maintenant la qualité du service. De plus, Pathfinder a fourni une mise à jour concernant l'acquisition en cours du Westside Modular Home Park, en accord avec leur stratégie d'expansion dans le secteur des logements modulaires et de style de vie.
Pathfinder Ventures (TSXV:RV) hat eine strategische operative Umstrukturierung angekündigt, um ein effizienteres Geschäftsmodell zu schaffen. Zu den wichtigsten Änderungen gehören der Ausscheiden des COO Stan Duckworth zum 12. September 2025 und die Beförderung von Rishu Gaind zum CFO.
Das Unternehmen führt eine parkbezogene Restrukturierungsinitiative durch, um Kosten zu senken und gleichzeitig die Servicequalität aufrechtzuerhalten. Zudem gab Pathfinder ein Update zur laufenden Übernahme des Westside Modular Home Park, die mit ihrer Strategie zur Expansion im Bereich modularer und Lifestyle-Wohnungen übereinstimmt.
- Strategic reorganization aimed at creating a leaner, more efficient business model
- Park-level restructuring has already improved operational efficiencies
- Progress on Westside Modular Home Park acquisition expanding footprint in growing modular housing sector
- Strengthened leadership with promotion of new CFO
- Departure of Chief Operating Officer indicates significant leadership changes
- Cost reduction initiatives may impact operational capacity
VANCOUVER, BC / / July 17, 2025 / Pathfinder Ventures Inc. (TSXV:RV) ("Pathfinder" or the "Company"), a leading provider of modern RV and lifestyle communities across British Columbia, is pleased to announce a strategic reorganization of its operations aimed at creating a leaner, more efficient business model as the Company prepares for its next stage of growth.
As part of this reorganization, Pathfinder is streamlining roles and responsibilities across the organization. The Company announces that Stan Duckworth, who has served as Chief Operating Officer, will be stepping away from the Company effective September 12, 2025. Pathfinder extends its thanks to Stan for his leadership and contributions during his time with the Company.
Pathfinder has completed the promotion of Rishu Gaind to Chief Financial Officer, reinforcing its leadership team with strong financial expertise. In addition, the Company has initiated a park-level restructuring that aims to reduced expenses while maintaining the high-quality guest experience the Pathfinder brand is known for. These initiatives have already resulted in improved operational efficiencies.
Update on the Acquisition of Westside Modular Home Park
Pathfinder is also pleased to provide an update on its previously announced acquisition of Westside Modular Home Park, a forward-thinking development focused on delivering a high-quality, community-oriented lifestyle through modern modular homes.
The transaction is advancing, and the Company continues to make steady progress toward closing. This acquisition aligns with Pathfinder's broader strategy of expanding its footprint in the growing modular and lifestyle housing sector.
Further updates will be provided as key milestones are achieved. Pathfinder remains committed to its long-term vision of building a scalable, sustainable network of MHC and RV communities that generate long-term value for guests and stakeholders alike.
About Pathfinder Ventures Inc. (TSXV: RV):
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 Corporation:
Joe Bleackley
Chief Executive Officer, Founder and Director
Pathfinder Ventures Inc.
Company Contact:
Joe Bleackley
Chief Executive Officer, and Director
Phone: (604) 914 2575
Email: [email protected]
Websites: ||
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.
SOURCE: Pathfinder Ventures Inc.
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