Early Warning Report Filed Pursuant to National Instrument 62-103

Rhea-AI Summary

Planet Ventures (CSE: PXI, OTC Pink: PNXPF, FSE: P6U) disclosed that CEO Etienne Moshevich has filed an early warning report after a disposition of securities indirectly held through Transcend Capital. Transcend Capital transferred 18,076,000 rights to subscribe for common shares at $0.01 per share until August 27, 2026, which had been acquired on August 6, 2026 under a rights offering.

According to Planet, before the transaction Moshevich held 18,076,000 shares (11.87% undiluted) and, including the rights, 36,152,000 shares on a partially diluted basis (21.23%). After the transaction, he continues to hold 18,076,000 shares, representing 11.87% of issued and outstanding shares on both an undiluted and diluted basis, with no rights position disclosed. The early warning report will be available on SEDAR+.

Positive

• None.

Negative

• CEO’s potential ownership reduced from 21.23% partially diluted to 11.87% on a diluted basis after rights disposition

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Vancouver, British Columbia--(Newsfile Corp. - August 14, 2026) - This press release is related to the securities of Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company"). Mr. Etienne Moshevich, Chief Executive Officer of the Company, announces the filing of an early warning report (the "Early Warning Report") pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103") and National Instrument 62-104 - Take-Over Bids and Issuer Bids ("NI 62-104") pursuant to the recent disposition (the "Transaction"), indirectly through Transcend Capital Inc. ("Transcend Capital") of 18,076,000 rights (the "Rights") to subscribe for common shares of the Company (the "Shares") at a subscription price of $0.01 per Share until August 27, 2026 (the "Expiry Date") which were acquired on August 6, 2026 pursuant to an offering of rights by the Company.

Transcend Capital, a corporation incorporated pursuant to the laws of British Columbia, with its head office located at 750 West Pender Street, Suite 303, Vancouver, British Columbia, V6C 2T7, is controlled by Mr. E. Moshevich. Transcend Capital is an investment firm specializing in venture capital investments and advisory services.

Prior to the Transaction, Mr. E. Moshevich held an aggregate of 18,076,000 Shares through Transcend Capital, representing approximately 11.87% of the issued and outstanding Shares on an undiluted basis and an aggregate of 36,152,000 Shares (inclusive of Transcend Capital's Rights) through Transcend Capital, representing approximately 21.23% of the issued and outstanding Shares on a partially-diluted basis (based on an aggregate of 152,244,604 Shares issued and outstanding on a non-diluted basis and 170,320,604 on a partially diluted-basis if Transcend Capital had elected to exercise its Rights instead of transferring them)).

Following the Transaction, Mr. E. Moshevich holds an aggregate of 18,076,000 Shares through Transcend Capital, representing approximately 11.87% of the issued and outstanding Shares on an undiluted and diluted basis (based on an aggregate of 152,244,604 Shares issued and outstanding).

This news release is being issued in connection with the filing of the Early Warning Report pursuant to the requirements of NI 62-103 and NI 62-104. A copy of the Early Warning Report will be filed under the Company's profile on SEDAR+ at www.sedarplus.ca and may also be obtained by contacting: Etienne Moshevich at (604) 681-0084.

The Company's head office is located at 750 West Pender Street, Suite 303, Vancouver, British Columbia, V6C 2T7.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309747

FAQ

What did Planet Ventures (OTC Pink: PNXPF) announce in its August 14, 2026 early warning report?

Planet Ventures announced that CEO Etienne Moshevich filed an early warning report after disposing of rights held through Transcend Capital. According to Planet Ventures, the transaction involved rights to subscribe for common shares under its recent rights offering, triggering National Instrument 62-103 requirements.

How many rights did Transcend Capital dispose of in Planet Ventures (PNXPF), and at what subscription price?

Transcend Capital disposed of 18,076,000 rights to subscribe for Planet Ventures common shares at a price of $0.01 per share. According to Planet Ventures, these rights allowed subscriptions until August 27, 2026, and were originally acquired on August 6, 2026 via the company’s rights offering.

How did Etienne Moshevich’s ownership in Planet Ventures (PNXPF) change after the August 2026 transaction?

Etienne Moshevich’s ownership moved from 21.23% on a partially diluted basis to 11.87% on a diluted basis. According to Planet Ventures, he continues to hold 18,076,000 shares, representing 11.87% of issued and outstanding shares on both an undiluted and diluted basis after the rights disposition.

What are the key terms of Planet Ventures’ $0.01 subscription rights that expired August 27, 2026?

The rights allowed holders to subscribe for Planet Ventures common shares at $0.01 per share until August 27, 2026. According to Planet Ventures, 18,076,000 of these rights, held indirectly by CEO Etienne Moshevich through Transcend Capital, were disposed of following their acquisition on August 6, 2026.

Where can investors find the full early warning report for Planet Ventures (PNXPF) filed on August 14, 2026?

Investors can access the full early warning report for Planet Ventures on SEDAR+ under the company’s profile. According to Planet Ventures, a copy may also be obtained by contacting Etienne Moshevich at the company’s Vancouver head office, as listed in the announcement.

What share counts did Planet Ventures (PNXPF) use to calculate Etienne Moshevich’s ownership percentages?

Planet Ventures used 152,244,604 issued and outstanding shares on a non-diluted basis to calculate undiluted ownership. According to Planet Ventures, a partially diluted base of 170,320,604 shares, assuming exercise of the rights, was used to determine the prior 21.23% partially diluted holding.