Planet Ventures Announces Termination of Marketing Engagement with Financial Star

Rhea-AI Summary

Planet Ventures (OTC: PNXPF) has terminated its marketing and investor awareness engagement with Financial Star, effective immediately on February 23, 2026.

The original agreement ran to August 10, 2026. Any prepaid funds were returned in full, there are no outstanding amounts, and a grant of 750,000 stock options at $0.25 exercisable for two years has been cancelled. Planet says it will evaluate alternative investor relations and marketing initiatives that meet its strategic and regulatory requirements.

Positive

• Prepaid funds returned in full to Planet Ventures
• 750,000 stock options cancelled, reducing potential dilution

Negative

• Termination of marketing engagement may reduce near-term investor outreach

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U1) ("Planet" or the "Company") announces that it has terminated its previously announced marketing and investor awareness engagement with Financial Star.

As previously disclosed in the Company's news release dated February 10^th, 2026, Planet Ventures entered into an agreement with Financial Star for a six-month term ending August 10, 2026, pursuant to which Financial Star was to provide marketing and investor awareness services to the Company.

The Company confirms that the engagement with Financial Star has now been terminated effective immediately. No services will be provided under the agreement.

The Company further confirms that any prepaid funds advanced under the agreement have been returned in full to Planet Ventures and there are no outstanding amounts owing to Financial Star. The Company also confirms that the stock option grant to Financial Star for 750,000 stock options exercisable at 25 cents for a period of two years from the date of grant have also been cancelled.

The Company will continue to evaluate alternative investor relations and marketing initiatives that align with its strategic objectives and regulatory requirements.

About Planet Ventures Inc.

Planet Ventures Inc. is an investment issuer that actively invests in disruptive companies across high-growth industries. Planet aims to build long-term shareholder value through strategic investments in innovative businesses.

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

Neither the CSE nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward‐Looking" Information

Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of 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 as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284977

FAQ

Why did Planet Ventures (PNXPF) terminate the Financial Star marketing engagement on February 23, 2026?

The engagement was terminated effective immediately, ending Financial Star's services. According to the company, the agreement was ended and no services will be provided under the contract that had a term to August 10, 2026.

Were any prepaid fees returned to Planet Ventures after cancelling the Financial Star agreement?

Yes, all prepaid funds advanced under the agreement were returned in full. According to the company, there are no outstanding amounts owing to Financial Star following the termination.

What happened to the 750,000 stock options granted to Financial Star by Planet Ventures (PNXPF)?

The 750,000 stock options granted to Financial Star were cancelled. According to the company, those options exercisable at $0.25 for two years from grant have been revoked and will not be issued.

Does the termination of the Financial Star engagement affect Planet Ventures' cash position?

The termination returned prepaid funds, so there was no cash loss tied to the agreement. According to the company, all advanced funds were returned in full and no amounts remain payable to Financial Star.

Will Planet Ventures (PNXPF) seek new investor relations or marketing partners after terminating Financial Star?

Yes, Planet Ventures will continue to evaluate alternative investor relations and marketing initiatives. According to the company, future initiatives will be aligned with its strategic objectives and regulatory requirements.

When did Planet Ventures originally disclose the engagement with Financial Star and its term?

The company disclosed the agreement in a February 10, 2026 news release and set the engagement term to end August 10, 2026. According to the company, the agreement was intended for a six-month term.