Planet Ventures Announces Proposed Share Consolidation
TMX Newsfile·2026-02-11 21:15

Core Viewpoint - Planet Ventures Inc. plans to consolidate its common shares at a ratio of two pre-consolidation shares for every one post-consolidation share, pending approval from the Canadian Securities Exchange [1][3]. Company Overview - Planet Ventures Inc. is an investment issuer focused on investing in disruptive companies across high-growth industries, aiming to build long-term shareholder value through strategic investments [4]. Share Consolidation Details - The company currently has 304,126,672 common shares issued and outstanding, which will reduce to approximately 152,063,336 shares post-consolidation, before rounding for fractional shares [2]. - The consolidation has been approved by the company's board of directors and is awaiting approval from the Canadian Securities Exchange, with a further announcement to follow regarding the effective date [3].