Business
Planet Ventures Announces Up To $5 Million Life Offering Of Common Shares
(TheNewswire) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICE...
About this update from Planet Ventures Inc
[{"type":"text","content":"Planet Ventures Announces Up To $5 Million Life Offering Of Common Shares\n(TheNewswire)\n\n\n- NOT FOR DISSEMINATION IN\nTHE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES-\n\n\nVancouver, British Columbia –\nJanuary 7th, 2026 – TheNewswire – Planet Ventures Inc. (CSE: PXI; OTC: PNXPF;\nFrankfurt: P6U1) (“Planet” or\nthe “Company”)\nis pleased to announce that it intends to undertake a non-brokered private placement\nof up to 100,000,000 common shares in the capital of the Company (the\n“Shares”) at a price of $0.05 per Share for gross proceeds of up\nto $5,000,000 (the “Offering”).\n\n\nThe Offering is being completed pursuant to the listed\nissuer financing exemption under Part 5A of National Instrument 45-106\n- Prospectus\nExemptions, as amended by Coordinated Blanket\nOrder 45-935 – Exemptions\nfrom Certain Conditions to the Listed Issuer Financing\nExemption (the “LIFE Exemption”) to\npurchasers resident in each of the Provinces of Canada, except Quebec.\nThe Shares issued pursuant to the LIFE Exemption will not be subject\nto a hold period in accordance with applicable Canadian securities\nlaws. There will be an offering document related to the Offering that\nwill be available under the Company'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\nOffering for future investments and general\nworking capital.\n\n\nClosing of the Offering is expected to occur as soon as\npracticable and may occur in one or more tranches and and completion\nof the Offering is subject to certain conditions including, but not\nlimited to, the receipt of all necessary approvals.  The Company may\npay a finder’s fee in connection with the Offering to eligible\narm’s length finders in accordance with the policies of the Canadian\nSecurities Exchange.\n\n\nThis press release shall not constitute an offer to\nsell or the solicitation of an offer to buy securities in the United\nStates, nor shall there be any sale of the securities in any\njurisdiction in which such offer, solicitation or sale would be\nunlawful. The securities being offered ha...