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

Executive Summary

• Planet Ventures Inc. closed a non‑brokered private placement of 100 million common shares at $0.05 per share, generating gross proceeds of $5 million.
• The offering was conducted under the Listed Issuer Financing Exemption (LIFE) and is not subject to a hold period for Canadian investors (excluding Quebec).
• Net proceeds are earmarked for future investments and general working capital.

Key Details

• Offering Size: 100,000,000 common shares.
• Price per Share: $0.05.
• Gross Proceeds: $5,000,000.
• Exemption Used: Listed Issuer Financing Exemption (Part 5A NI 45‑106) with Coordinated Blanket Order 45‑935.
• Investor Eligibility: Residents of all Canadian provinces except Quebec; no hold period required.
• Use of Proceeds: Intended for future investments and general working capital.
• Documentation: Offering document available on the Company’s SEDAR profile and website (www.planetventuresinc.com).
• Regulatory Notices: No offer or solicitation in the United States; securities not registered under the U.S. Securities Act of 1933.

Notable Quotes

(No direct quotes were provided in the release.)