Mr. Etienne Moshevich reports
PLANET VENTURES ADOPTS DISCLOSURE POLICY, UPDATES INVESTMENT POLICY AND ENGAGES MARKETING COMPANY
Planet Ventures Inc. has adopted a disclosure, confidentiality and insider trading policy in order to ensure that, among other things, the company complies with its timely disclosure obligations as required under applicable Canadian securities laws, including the Securities Act (British Columbia); prevents the selective disclosure of material changes to analysts, institutional investors, market professionals and others; documents released by the company or public oral statements made by a person with actual, implied or apparent authority to speak on behalf of the company that relates to the business and affairs of the company do not contain a misrepresentation; all persons to whom the disclosure policy applies understand their obligations to preserve the confidentiality of undisclosed material information; and all appropriate parties who have undisclosed material information are prohibited from trading in securities of the company on such undisclosed material information and tipping under applicable laws, stock exchange rules and the disclosure policy.
Planet Ventures also announces that it has updated its investment policy adopted on Oct. 22, 2012, to specifically contemplate investments in space technology and infrastructure, artificial intelligence, robotics, and disruptive technologies. This update highlights the company's dedication to advancing innovation where these innovative technologies converge.
The disclosure policy and investment policy can be found under the company's SEDAR+ profile or on the company's website.
The company further announces that it has retained Investor Insights Systems Inc. (IIS) on a non-exclusive basis to render marketing services to the company concerning the development of the company's capital markets performance. In exchange for the services, the company has agreed to pay IIS a cash fee of $350,000 (U.S.) plus applicable taxes for the initial three-month term of the services and the company will also grant IIS 300,000 stock options exercisable at 42 cents for a period of three years from the date of grant. Such options will be immediately vested. IIS will provide comprehensive digital marketing and advertising services for a term commencing on April 24, 2026, to July 24, 2026. As of the date hereof, to the company's knowledge, IIS (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.
Apart from the aforementioned options, the company will not issue any securities to IIS as compensation for its services. Services provided by Investor Insights will be overseen by Mac Foster and he can be reached at 179 Shaw St. Toronto, Ont., Canada, telephone: 647-302-3382, e-mail: mac@investorinsightssystems.com.
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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