Planet Ventures to Grant Stock Options

Rhea-AI Summary

Planet Ventures (OTC: PNXPF) granted 4,250,000 stock options to directors, officers, consultants and employees under its omnibus incentive plan, exercisable at $0.25 per share for two years with immediate vesting.

The company also retained Financial Star News Inc. for marketing services for a cash fee of USD $750,000 plus taxes and granted FSN 750,000 options exercisable at $0.25 for two years. FSN contact: Roop Mundi, info@thefinancialstar.com, +1 (778) 707-0363.

Vancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U1) ("Planet Ventures" or the "Company") announces that it has granted stock options (the "Options") to certain directors, officers, consultants and employees the Company to purchase 4,250,000 common shares (the "Shares") in the capital of the Company pursuant to the Company's omnibus incentive plan. The Options are exercisable at an exercise price of $0.25 per Share for a period of two (2) years from the date of grant. The Options shall vest immediately.

The Company further announces that it has retained Financial Star News Inc. ("FSN") on a non-exclusive basis to render marketing services to the Company concerning the development of the Company's capital markets performance (the "Services"). In exchange for the Services, the Company has agreed to pay FSN a cash fee of USD$750,000 plus applicable taxes for the term of the Services and the Company will also grant FSN 750,000 stock options exercisable at $0.25 for a period of two years from the date of grant.

Apart from the aforementioned options, the Company will not issue any securities to FSN as compensation for its services. The contact information for FSN is: Financial Star News Inc., 701 West Georgia Street, Suite 1500, Vancouver, BC V7Y 1C6. The contact person of FSN is: Roop Mundi, email: info@thefinancialstar.com phone: +1 (778) 707 - 0363.

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: et@transcendcapitalinc.com
Website: www.planetventuresinc.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283422

FAQ

How many stock options did Planet Ventures (PNXPF) grant on February 10, 2026?

Planet Ventures granted a total of 4,250,000 options to insiders and employees and 750,000 options to FSN. According to the company, all options are exercisable at $0.25 and vest immediately for a two-year term.

What are the exercise price and term for the PNXPF options granted on February 10, 2026?

All options were granted with an exercise price of $0.25 per share and a two-year exercise period. According to the company, the options vest immediately and expire two years from the grant date.

What fee did Planet Ventures agree to pay Financial Star News for marketing services?

Planet Ventures agreed to pay Financial Star News USD $750,000 plus applicable taxes for the term of the services. According to the company, FSN was retained on a non-exclusive basis to assist with capital markets development.

Will Planet Ventures issue any other securities to Financial Star News (PNXPF) besides the options?

No. The company said it will not issue any other securities to FSN aside from the 750,000 stock options and the cash fee. According to the company, compensation is limited to the stated cash payment and options.

When do the stock options granted by Planet Ventures (PNXPF) vest and become exercisable?

The options vest immediately and are exercisable upon grant for a term of two years. According to the company, immediate vesting applies to options issued to directors, officers, consultants, employees and FSN.