Planet Ventures Inc. Announces Filing Of Early Warning Report

Executive Summary

• Planet Ventures filed an NI 62‑103/NI 62‑104 early warning report after acquiring 20,000,000 common shares and 20,000,000 warrants of Leocor Mining Inc. via a private placement.
• The acquisition gives Planet Ventures a beneficial ownership of 34,855,083 Leocor common shares (≈17.58% of the post‑offering outstanding shares) on a non‑diluted basis, plus exercisable warrants for an additional 24,000,000 shares, subject to a 20% ownership cap.
• The filing satisfies regulatory requirements and is publicly available on SEDAR+.

Key Details

• Acquisition Size: 20,000,000 Leocor common shares + 20,000,000 transferable common share purchase warrants.
• Resulting Ownership: 34,855,083 Leocor common shares (17.58% of 198,232,402 post‑offering shares) on a non‑diluted basis.
• Warrant Coverage: Warrants exercisable into 24,000,000 additional common shares; subject to blocker provision preventing ownership >20% after exercise.
• Regulatory Filing: Early Warning Report filed pursuant to NI 62‑103 and NI 62‑104; available on SEDAR+ under Planet Ventures’ profile.
• Contact for Report: Etienne Moshevich, CEO – [email protected] / (604) 681‑0084.

Notable Quotes

“Etienne Moshevich” – Chief Executive Officer, Planet Ventures (signature line on the release).