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• Satoshis per share up over 750% since initial June purchase 

Vancouver, BC – TheNewswire - July 23, 2025 – Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) ("Planet Ventures" or the "Company"), an investment issuer focused on acquiring Bitcoin, is pleased to announce that it intends to raise up to CAD $5,000,000 through a private placement of  convertible debtures (the “Debentures”) to further enhance its Bitcoin treasury strategy.

The Debentures will bear an interest rate of 12% per annum, and shall mature 24 months from the date of issuance. At any time during the term prior to maturity, the principal amount of the Debentures is convertible into common shares of the Company at a conversion price of $0.50 per share.

“This is a pivotal moment for us. Not only will this financing enable us to propel our Bitcoin purchases and increase our treasury holdings substantially, but it will show the world that we have what it takes to raise the necessary capital to continue our strategic goal or buying as much Bitcoin as possible” says Etienne Moshevich, CEO of Planet Ventures. “This financing structure provides Planet with a low-cost, non-dilutive capital in the short term, while giving investors upside exposure through the conversion feature. The net proceeds will be used exclusively to acquire additional Bitcoin, further reinforcing our commitment to building long-term shareholder value through digital asset ownership.”

The Debentures will be secured against the assets of the Company. Completion of the offering subject to customary closing conditions and regulatory approvals, including approval of the Canadian Securities Exchange..

As of today’s announcement, Planet Ventures holds 28.8 Bitcoin on its balance sheet.

“With over 28.8 Bitcoin today, an additional approximately $11,500,000 in cash and marketable securities which we are in the process of selling to acquire more Bitcoin as well as this $5,000,000 financing, I believe we are in an incredible position to cement ourselves as the premier Bitcoin treasury company in Canada.” says Etienne Moshevich, CEO of Planet Ventures.

The Company remains focused on becoming a leading publicly traded vehicle for long-term Bitcoin exposure in Canada.

It is expected that certain insiders of the Company may participate in the offering. The participation by insiders in the offering will constitute a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions (MI 61-101). The company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the offering, insofar as it involves related parties, will exceed 25 per cent of the company's market capitalization. The offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

 

The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Planet Ventures Inc.

Planet Ventures Inc. (CSE: PXI; OTC:PNXPF; Frankfurt: P6U1) is an investment issuer that focuses on acquiring Bitcoin.

For further information, please contact:
Etienne Moshevich, CEO
Tel: (604) 681-0084
Email: et@transcendcapitalinc.com
Website: www.planetventuresinc.com

Forward-Looking Statements

 

Certain statements contained in this news release may constitute forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, statements related to the offering and the anticipated use of proceeds therefrom. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation.