Subject: Transcend Capital Inc. - Press Release/News Attached for Distribution on Stockwatch.com
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File: Attachment News Release Announcing Filing of Early Warning Report for E. Moshevich and Transcend.pdf
EARLY WARNING REPORT
FILED PURSUANT TO NATIONAL INSTRUMENT 62-103
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRES OR
DISSEMINATION IN THE UNITED STATES
August 19, 2025 VANCOUVER, BRITISH COLUMBIA This press release is related to the securities
of Planet Ventures Inc. ("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 a recent acquisition, indirectly through Transcend Capital Inc. ("Transcend
Capital") of a 12% secured convertible debenture (the "Debenture") in the principal amount of
$3,200,000, maturing on August 19, 2027 (the "Maturity Date") pursuant to a non-brokered private
placement (the "Transaction") of the Company. The principal amount of the Debenture is convertible into
common shares (the "Shares") of the Company at the option of Transcend Capital any time prior to the
Maturity Date at a conversion price of $0.50 per Share.
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 67,932,000 Shares through Transcend
Capital, representing approximately 33.28% of the issued and outstanding Shares on an undiluted and
diluted basis (based on an aggregate of 204,126,672 Shares issued and outstanding).
Following the Transaction, Mr. E. Moshevich holds an aggregate of 67,932,000 Shares through Transcend
Capital, representing approximately 33.28% of the issued and outstanding Shares on an undiluted basis and
74,332,000 Shares through Transcend Capital, representing approximately 36.41% of the issued and
outstanding Shares on a diluted basis (based on an aggregate of 204,126,672 Shares issued and outstanding).
The acquisition of the Debenture by Transcend Capital was made in reliance on the "private agreement
exemption" from the formal take-over bid provisions of NI 62-104, as outlined in Section 4.2 of Part 4 of
NI 62-104. More specifically, (a) the acquisitions were made from not more than five (5) persons in the
aggregate, including persons located outside the local jurisdiction; (b) the bid was not made generally to
security holders of the class of Shares; and (c) the value of the consideration paid for the Shares, including
brokerage fees or commissions, was not greater than 115% of the market price of the Shares at the date of
the acquisition as determined in accordance with Section 1.11 of NI 62-104.
Mr. E. Moshevich acquired the Debenture for investment purposes. In pursuing such purposes, Mr. E.
Moshevich reserves the right to formulate other plans or make other proposals and take such actions deemed
necessary with respect to his investment in the Company. Depending on the market conditions and other
factors, Mr. E. Moshevich may, from time to time, increase or decrease his beneficial ownership of the
securities of the Company as deemed appropriate.
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.
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