Mr. Etienne Moshevich of Planet Ventures reports

PLANET VENTURES INC. ANNOUNCES FILING OF EARLY WARNING REPORT

On April 3, 2024, Planet Ventures Inc. acquired four million units of VIP Entertainment Technologies Inc. at a price of five cents per unit for an aggregate purchase price of $200,000.

Each unit is composed of one common share in the capital of VIP and one-half of one share purchase warrant entitling the holder thereof to acquire one additional share at a price of 10 cents for a period of 18 months from the date of issuance.

The company acquired the units pursuant to VIP's non-brokered private placement of units. In connection with the completion of the offering, VIP issued 11,865,000 units at a price of five cents per unit for aggregate gross proceeds of $593,250.

Prior to the acquisition, the company did not beneficially own or control any securities of VIP. Following the acquisition, the company holds an aggregate of four million units, representing 10.27 per cent of the issued and outstanding shares on an undiluted basis and 15.41 per cent of the issued and outstanding shares on a partially diluted basis (based on an aggregate of 38,931,252 shares issued and outstanding).

The company acquired the units for investment purposes. In pursuing such purposes, the company reserves the right to formulate other plans or make other proposals and take such actions deemed necessary with respect to its investment in VIP. Depending on market conditions and other factors, the company may, from time to time, increase or decrease its beneficial ownership of the securities of VIP as deemed appropriate.

This news release is being issued in connection with the filing of an 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) and National Instrument 62-104 (Take-Over Bids and Issuer Bids). A copy of the early warning report will be filed under the company's profile on SEDAR+ and may also be obtained by contacting Etienne Moshevich, chief executive officer of the company, at info@planetventures.com or 604-681-0084.

About Planet Ventures Inc.

Planet Ventures is an investment issuer listed on the TSX Venture Exchange that is focused on investing in disruptive companies and industries that have high growth potential. Planet Ventures' unique portfolio-driven investment policies provide its investors with access to emerging and high-growth opportunities while shielding them from any formidable downside.

We seek Safe Harbor.