Business
Planet Ventures Inc. Announces Filing of Early Warning Report
(TheNewswire) August 2, 2024 – TheNewswire – VANCOUVER, BRITISH C...
About this update from Planet Ventures Inc
[{"type":"text","content":"Planet Ventures Inc. Announces Filing of Early Warning Report\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n August 2, 2024\n \n\n –\n \n\n TheNewswire –\n \n\n VANCOUVER,\nBRITISH COLUMBIA –\n \n\n Planet\nVentures Inc. (\n \n\n ​CSE:\nPXI​)\n \n\n (the “\n \n\n Company\n \n\n ” or\n“\n \n\n Planet Ventures\n \n\n ”) announces the filing of an early warning report (the\n“\n \n\n Early Warning\nReport\n \n\n ”) pursuant to the requirements of\nNational Instrument 62-103 –\n \n\n The Early Warning System and Related Take-Over Bid and Insider\nReporting Issues\n \n\n (“\n \n\n NI 62-103\n \n\n ”) and\nNational Instrument 62-104 –\n \n\n Take-Over Bids and Issuer Bids\n \n\n (“\n \n\n NI 62-104\n \n\n ”) in respect of the common shares (“\n \n\n Tisdale Shares\n \n\n ”) in\nthe capital of Tisdale Clean Energy Corp. (“\n \n\n Tisdale\n \n\n ”). Tisdale\nis a corporation with its head office located at 885 West Georgia\nStreet, Suite 2200, Vancouver, British Columbia, V6C 3E8.\n \n\n\n\n On July 31, 2024, Tisdale announced the closing of its\nnon-brokered private placement of units (the “\n \n\n Offering\n \n\n ”). On\nclosing of the Offering, Tisdale issued an aggregate of 5,654,666\nTisdale Shares and 5,829,666 Tisdale Share purchase warrants.\n \n\n\n\n Immediately prior to closing of the Offering, the\nCompany held\n \n\n\n\n 2,937,778 Tisdale Shares, 2,777,778 Tisdale Share purchase\nwarrants (the “\n \n\n February\nWarrants\n \n\n ”) and 1,111,111 Tisdale Share\npurchase warrants (the “\n \n\n December Warrants\n \n\n ” and together with the\nFebruary Warrants, the “\n \n\n Warrants\n \n\n ”), representing approximately 9.32%\nof the issued and outstanding Tisdale Shares on an undiluted basis and\n12.33% on a partially diluted basis (based on an aggregate of\n31,535,078 Tisdale Shares issued and outstanding). Each February\nWarrant enables the Company to acquire one Tisdale Share at an\nexercise price of $0.30, for a period expiring on February 1, 2026.\nEach December Warrant enables the Company to acquire one Tisdale Share\nat an exercise price of $0.30, for a period expiring on December 22,\n2025.\n...