Planet Ventures Announces Closing Of $5,000,000 Life Offering Of Common Shares

(TheNewswire)

Vancouver, British Columbia –January 29, 2026 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC:PNXPF; Frankfurt: P6U1) (“Planet” or the“Company”) is pleased to announce that it hasclosed its previously announced non-brokered private placement underthe Listed Issuer Financing Exemption (asdefined herein) of an aggregate of 100,000,000 common shares inthe capital of the Company (the “Shares”) ata price of $0.05 per Sharefor gross proceeds of $5,000,000 (the “Offering”).

The Offering was completed pursuant to the listed issuer financingexemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amendedby Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions to theListed Issuer Financing Exemption (the “LIFE Exemption”) to purchasersresident in each of the Provinces of Canada, except Quebec. The Sharesissued pursuant to the LIFE Exemption are not be subject to a holdperiod in accordance with applicable Canadian securities laws. Thereis an offering document related to the Offering available under theCompany's profile at www.sedarplus.ca and on theCompany's website at: www.planetventuresinc.com.Prospective investors should read the offering document before makingan investment decision.

The Company intends to use the net proceeds from the Offering forfuture investments and general working capital.

This press release shall not constitute an offer to sell or thesolicitation of an offer to buy securities in the United States, norshall there be any sale of the securities in any jurisdiction in whichsuch offer, solicitation or sale would be unlawful. The securitiesbeing offered have not been, nor will they be, registered under theUnited States Securities Act of 1933, as amended, (the “1933 Act”) or under any U.S. state securities laws, and may notbe offered or sold in the United States absent registration or anapplicable exemption from the registration requirements of the 1933Act, as amended, and applicable state securities laws.

About Planet Ventures Inc.

Planet Ventures Inc. is an investment issuer that actively invests indisruptive companies across high-growth industries. Planet aims tobuild long-term shareholder value through strategic investments ininnovative businesses.

For further information, please contact:

Etienne Moshevich, CEO Tel: (604) 681-0084

Email: et@transcendcapitalinc.comWebsite: www.planetventuresinc.com

CAUTIONARY STATEMENT ON FORWARD-LOOKINGINFORMATION

This press release contains certainforward-looking information and forward-looking statements, as definedin applicable securities laws (collectively referred to herein as"forward-looking statements"). These statements relate tofuture events or the Company's future performance. All statementsother than statements of historical fact are forward-lookingstatements. Often, but not always, forward-looking statements can beidentified by the use of words such as "plans","expects", "is expected", "budget","scheduled", "estimates", "continues","forecasts", "projects", "predicts","intends", "anticipates" or "believes",or variations of, or the negatives of, such words and phrases, orstate that certain actions, events or results "may","could", "would", "should","might" or "will" be taken, occur or be achieved.Forward-looking information in this press release includes, but is notlimited to, the anticipated use of the proceeds. Inherent inforward-looking statements are risks, uncertainties and other factorsbeyond the Company's ability to predict or control. Please alsomake reference to those risk factors referenced in the “RiskFactors” section of the Company’s most recently filedmanagement’s discussion and analysis.

Forward-looking statements involveknown and unknown risks, uncertainties and other factors that maycause actual results to differ materially from those anticipated insuch forward-looking statements. The forward-looking statements inthis press release speak only as of the date hereof or as of the datespecified in such statement. Readers are cautioned that theforward-looking statements above do not contain an exhaustive list ofthe factors or assumptions that may affect the forward-lookingstatements, and that the assumptions underlying such statements mayprove to be incorrect. Actual results and developments are likely todiffer, and may differ materially, from those expressed or implied bythe forward-looking statements contained in this press release.

All forward-looking statementsherein are qualified by this cautionary statement. Accordingly,readers should not place undue reliance on forward-looking statements.The Company undertakes no obligation to update publicly or otherwiserevise any forward-looking statements, whether as a result of newinformation or future events or otherwise, except as may be requiredby law. If the Company does update one or more forward-lookingstatements, no inference should be drawn that it will make additionalupdates with respect to those or other forward-looking statements,unless required by law.

Neither theCanadian Securities Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the CSE) acceptsresponsibility for the adequacy or accuracy of this release.

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