Planet Ventures Announces Up To $5 Million Life Offering Of Common Shares
(TheNewswire)
- NOT FOR DISSEMINATION INTHE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES-
Vancouver, British Columbia –January 7th, 2026 – TheNewswire – Planet Ventures Inc. (CSE: PXI; OTC: PNXPF;Frankfurt: P6U1) (“Planet” orthe “Company”)is pleased to announce that it intends to undertake a non-brokered private placementof up to 100,000,000 common shares in the capital of the Company (the“Shares”) at a price of $0.05 per Share for gross proceeds of upto $5,000,000 (the “Offering”).
The Offering is being completed pursuant to the listedissuer financing exemption under Part 5A of National Instrument 45-106- ProspectusExemptions, as amended by Coordinated BlanketOrder 45-935 – Exemptionsfrom Certain Conditions to the Listed Issuer FinancingExemption (the “LIFE Exemption”) topurchasers resident in each of the Provinces of Canada, except Quebec.The Shares issued pursuant to the LIFE Exemption will not be subjectto a hold period in accordance with applicable Canadian securitieslaws. There will be an offering document related to the Offering thatwill be available under the Company'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 theOffering for future investments and generalworking capital.
Closing of the Offering is expected to occur as soon aspracticable and may occur in one or more tranches and and completionof the Offering is subject to certain conditions including, but notlimited to, the receipt of all necessary approvals. The Company maypay a finder’s fee in connection with the Offering to eligiblearm’s length finders in accordance with the policies of the CanadianSecurities Exchange.
This press release shall not constitute an offer tosell or the solicitation of an offer to buy securities in the UnitedStates, nor shall there be any sale of the securities in anyjurisdiction in which such offer, solicitation or sale would beunlawful. The securities being offered have not been, nor will theybe, registered under the United States Securities Act of 1933, asamended, (the “1933Act”) or under any U.S. state securities laws,and may not be offered or sold in the United States absentregistration or an applicable exemption from the registrationrequirements of the 1933 Act, as amended, and applicable statesecurities 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, pleasecontact:
Etienne Moshevich, CEO
Tel: (604) 681-0084
Email: et@transcendcapitalinc.com
Website: www.planetventuresinc.com
CAUTIONARY STATEMENT ONFORWARD-LOOKING INFORMATION
This news release includes certainstatements that may be deemed "forward-looking statements". All statements in this news release, other than statements ofhistorical facts, that address events or developments that the Companyexpects to occur, are forward-looking statements. Forward-lookingstatements are statements that are not historical facts and aregenerally, but not always, identified by the words"expects", "plans", "anticipates","believes", "intends", "estimates","projects", "potential" and similar expressions,or that events or conditions "will", "would","may", "could" or "should" occur. Although the Company believes the expectations expressed in suchforward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual resultsmay differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materiallyfrom those in forward-looking statements include market prices,continued availability of capital and financing, and general economic,market or business conditions. Forward-looking statements include butare not limited to the Company’s closing of the Offering asanticipated or at all and the Company’s use of proceeds therefrom. Investors are cautioned that any such statements are not guaranteesof future performance and actual results or developments may differmaterially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates andopinions of the Company's management on the date the statementsare made. Except as required by applicable securities laws, theCompany undertakes no obligation to update these forward-lookingstatements in the event that management's beliefs, estimates,opinions, or other factors, should change.
Copyright (c) 2026 TheNewswire - All rights reserved.
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