Business

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

(TheNewswire)   Vancouver, British Columbia – January 29 , 2026 – T...

articlePlanet Ventures IncJanuary 29, 20263/company/planet-ventures-inc/news/planet-ventures-announces-closing-of-dollar5000000-life-offering-of-common-shares
Planet Ventures Announces Closing Of $5,000,000 Life Offering Of Common Shares

About this update from Planet Ventures Inc

[{"type":"text","content":"Planet Ventures Announces Closing Of $5,000,000 Life Offering Of Common Shares\n(TheNewswire)\n\n\n\n\n \n\n\nVancouver, British Columbia –\nJanuary 29, 2026 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC:\nPNXPF; Frankfurt: P6U1) (“Planet” or the\n“Company”) is pleased to announce that it has\nclosed its previously announced non-brokered private placement under\nthe Listed Issuer Financing Exemption (as\ndefined herein) of an aggregate of 100,000,000 common shares in\nthe capital of the Company (the “Shares”) at\na price of $0.05 per Share\nfor gross proceeds of $5,000,000 (the “Offering”).\n\n\nThe Offering was completed pursuant to the listed issuer financing\nexemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended\nby Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions to the\nListed Issuer Financing Exemption (the “LIFE Exemption”) to purchasers\nresident in each of the Provinces of Canada, except Quebec. The Shares\nissued pursuant to the LIFE Exemption are not be subject to a hold\nperiod in accordance with applicable Canadian securities laws. There\nis an offering document related to the Offering available under the\nCompany's profile at www.sedarplus.ca and on the\nCompany's website at: www.planetventuresinc.com.\nProspective investors should read the offering document before making\nan investment decision.\n\n\nThe Company intends to use the net proceeds from the Offering for\nfuture investments and general working capital.\n\n\nThis press release shall not constitute an offer to sell or the\nsolicitation of an offer to buy securities in the United States, nor\nshall there be any sale of the securities in any jurisdiction in which\nsuch offer, solicitation or sale would be unlawful. The securities\nbeing offered have not been, nor will they be, registered under the\nUnited States Securities Act of 1933, as amended, (the “1933 Act”) or under any U.S. state securities laws, and may not\nbe offered or sold in the United States absent registration or an\napplicable exemption from the registration requirements of the 1933\nAct, as amended, and applicable state securities laws.\n\n\nAbout Planet Ventures Inc.\n\n\nPlanet Ventures Inc. is an investment issuer th...

More updates from Planet Ventures Inc