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Disposition of Common Shares of Planet Ventures Inc.



January 8, 2026TheNewswire - Transcend Capital Inc. (“Transcend”), a company controlled by Etienne Moshevich, has disposed of 30,000,000 common shares of Planet Ventures Inc. (the “Issuer”), representing approximately 14.70% of the Issuer’s current issued and outstanding common shares. Following completion of the disposition, Transcend, and Mr. Moshevich, have ownership and control of 36,838,000 common shares of the Issuer, representing approximately 18.05% of the Issuer’s current issued and outstanding common shares, and a convertible debenture (the “Debenture”) in the principal amount of $3,200,000.  The principal amount of the Debenture is convertible into common shares of the Issuer at a price of $0.50 per share.  Assuming conversion of just the Debenture held by Transcend, Transcend would have ownership and control of 43,238,000 common shares of the Issuer representing approximately 20.54% of the then issued and outstanding common shares of the Issuer.

The shares were disposed of in a private transaction at a price of $0.04 per share. In the future, additional securities of the Issuer may be acquired or disposed of by Transcend, or Mr. Moshevich, as circumstances or market conditional may warrant.

For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial securities legislation in connection with the disposition by Transcend, please go to the Issuer’s profile on SEDAR at www.sedarplus.ca, or contact Transcend at et@transcendcapitalinc.com.

The issuance of this news release is not an admission that an entity named in the news release owns or controls any described securities or is a joint actor with another named entity.