Jul 20, 2017   SOURCE: PR NewsWire

Pathfinder Income Fund Distributions

CALGARY, July 20, 2017 /CNW/ - Pathfinder Income Fund is pleased to announce that distributions for the third quarter of 2017 will be payable to unitholders of Pathfinder Income Fund as follows:

           Record Date        Payable Date    Distribution Per
                                                 Trust Unit
    ---                                          ----------

          July 31, 2017     August 15, 2017                    $0.05
          -------------     ---------------                    -----

         August 31, 2017   September 15, 2017                  $0.05
         ---------------   ------------------                  -----

        September 30, 2017  October 13, 2017                   $0.05
        ------------------  ----------------                   -----

The trust units trade on the Toronto Stock Exchange under the symbol PCD.UN.

Middlefield Group

Formed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4 billion. Investment products include mutual funds, closed-end funds, private and public resource funds, real estate funds and a venture capital fund.

This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning the coupon payments, distributions and dividends paid on the securities of issuers to which the Fund is exposed. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in coupon payments, distributions and dividends paid by issuers of securities to which the Fund is exposed from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities to which the Fund is exposed will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains. The risks, uncertainties and other factors that could influence actual results are described under "Risk Factors" in the Fund's prospectus dated August 23, 2012 and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund's estimate as of any date other than the date of this press release.

SOURCE PATHFINDER Income Fund