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Planet Ventures Inc. (
Planet” or the “
Company”) is pleased to announce that further to its news release dated March 15, 2021 the Company has closed its non-brokered private placement of 4,050,000 units of the Company (the “
Units”) at $0.225 per Unit for gross proceeds of $911,250.00 (the “
Offering”).
Share”) and one common share purchase warrant (a “
Warrant”). Each Warrant entitles the holder thereof to acquire one additional common share (a “
Warrant Share”) at a price of $0.30 per Warrant Share for a period of 36 months following the closing of the Offering.
In connection with the Offering, the Company paid finder’s fee in the aggregate sum of $1,575.00 and issued 7,000 common share purchase warrants (the “