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Discovery One Completes Qualifying Transaction

Maxis Law represented Discovery One with a team that included Michael Varabioff and Sean Hawkins.

On October 14, 2021, Discovery One Investment Corp. (“Discovery One”), a capital pool company, completed its qualifying transaction (the “Transaction”) with Pacific Frontier Investments Inc. (“PFI”). The Transaction was structured as a three-cornered amalgamation under the provisions of the Business Corporations Act (British Columbia) pursuant to which PFI amalgamated with 1231986 BC Ltd., a wholly-owned subsidiary of Discovery One, and shareholders of PFI were issued 0.452398 common shares of Discovery One in exchange for each previously-held common share of PFI.

In connection with the Transaction, Discovery One changed its name to “Pathfinder Ventures Inc.” (the “Resulting Issuer”) and consolidated its common shares on a 2.3:1 basis. The Resulting Issuer commenced trading on the TSX Venture Exchange under the trading symbol “RV” on October 20, 2021 as a Tier 2 Industrial Issuer.