Mr. Etienne Moshevich reports

PLANET VENTURES ANNOUNCES STRATEGIC INVESTMENT IN GRU SPACE TO SUPPORT FIRST HOTEL ON THE MOON; ANNOUNCES REPAYMENT OF CONVERTIBLE DEBENTURES

Planet Ventures Inc. has made a strategic $100,000 (U.S.) investment in Galactic Resource Utilization Space Inc. (GRU Space), a pioneering space technology company focused on building the world's first hotel on the moon. This investment marks a significant milestone in Planet's commitment to supporting potentially transformative technologies that could expand humanity's presence beyond Earth.

GRU Space, a California-based aerospace start-up, is leading an ambitious effort to create the first lunar hotel with an estimated opening in 2032. The project aims to land an inflatable, pressurized habitat on the lunar surface capable of hosting small groups of guests for multiday stays, with future expansions planned to support a broader lunar presence and infrastructure.

"We are thrilled to have made this investment in GRU Space at this early and exciting stage of human space exploration," said Etienne Moshevich, chief executive officer of Planet Ventures. "This investment reflects our belief in GRU Space's vision and technical approach to building sustainable, long-term habitats beyond Earth. Planet is proud to help enable what could become one of the most iconic pillars of the interplanetary economy."

Skyler Chan, founder and CEO of GRU Space, says, "We are excited to welcome Planet Ventures' investment in this pivotal moment on our journey to build foundational lunar infrastructure."

GRU Space's innovative approach includes using advanced habitation modules and in situ resource utilization, where lunar materials are transformed into building components that can support future facilities on the moon and beyond. GRU Space began accepting early reservations for the lunar hotel -- with deposit options ranging from $250,000 (U.S.) to $1-million (U.S.) -- demonstrating significant market interest in lunar tourism and off-Earth experiences.

Founded by visionary space entrepreneur Skyler Chan, GRU Space has attracted attention for its bold road map to turn humanity's long-standing dream of living beyond Earth into reality. With its first construction mission planned for 2029, the lunar hotel project could represent a historic leap forward in commercial space activity.

Planet invested $100,000 (U.S.) in GRU Space pursuant to the terms of a simple agreement for future equity (SAFE), which provides for automatic conversion into preferred equity upon the closing of a future equity financing, at the lowest price per share issued to new investors. This investment underscores the company's strategy of investing in potentially cutting-edge ventures that push the boundaries of technology and human achievement.

Repayment of convertible debentures

The company is also pleased to announce that it has fully repaid a total of $6.4-million in principal and all accrued but unpaid interest owing under its 12 per cent per annum secured convertible debentures issued on Aug. 20, 2025.

Pursuant to a non-brokered private placement financing, the debentures have now been fully repaid in accordance with their terms, including the payment of all accrued and unpaid interest up to the repayment date. Following this repayment, no debentures remain outstanding and the security granted to the debenture holders will be discharged.

The repayment of the debentures strengthens the company's balance sheet and eliminates the potential dilution associated with the conversion feature of the debentures. Management believes that the repayment further positions the company to focus on its investment strategy and long-term shareholder value creation.

For more information regarding the debentures, please refer to the company's news release of Aug. 20, 2025.

About Galactic Resource Utilization Space Inc. (GRU Space)

GRU Space is a space technology company developing the infrastructure for the world's first hotel on the moon. By leveraging advanced habitat technologies and in situ lunar resources, GRU Space aims to establish a foundation for commercial human activity beyond Earth, beginning with lunar tourism and extending to long-term off-planet settlement.

About Planet Ventures Inc.

Planet Ventures 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.

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