Planet Ventures Closes $6.4 Million Convertible Debenture Financing

Vancouver, BC — August 19, 2025 — Leads & Copy — Planet Ventures Inc. has closed a convertible debenture financing for gross proceeds of $6.4 million. No commissions were paid. Proceeds will enhance the company’s Bitcoin treasury strategy and for general corporate and working capital purposes.

The debentures carry a 12% interest rate and mature in 24 months. The principal amount is convertible into common shares at $0.50 per share. Holders can redeem the principal amount and accrued interest after 12 months from issuance until maturity. The debentures are secured against the company's assets.

Planet Ventures holds 28.8 Bitcoin and approximately C$18 million in cash/securities. A company controlled by the CEO participated in the offering for C$3.2 million, constituting a related party transaction. The company relied on exemptions from formal valuation and minority shareholder approval requirements.

Securities issued are subject to a statutory hold period of four months and one day.

Etienne Moshevich, CEO
Tel: (604) 681-0084
Email: et@transcendcapitalinc.com

Source: Planet Ventures Inc.