Mr. Etienne Moshevich reports

PLANET VENTURES ANNOUNCES UP TO $5 MILLION LIFE OFFERING OF COMMON SHARES

Planet Ventures Inc. intends to undertake a non-brokered private placement of up to 100 million common shares in the capital of the company at a price of five cents per share for gross proceeds of up to $5-million.

The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935, Exemptions from Certain Conditions to the Listed Issuer Financing Exemption, to purchasers resident in each of the provinces of Canada, except Quebec. The shares issued pursuant to the LIFE will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the offering that will be available under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

The company intends to use the net proceeds from the offering for future investments and general working capital.

Closing of the offering is expected to occur as soon as practicable and may occur in one or more tranches and completion of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals. The company may pay a finder's fee in connection with the offering to eligible arm's-length finders in accordance with the policies of the Canadian Securities Exchange.

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.

We seek Safe Harbor.