Core Viewpoint - Planet Ventures Inc. has filed an early warning report regarding its acquisition of common shares in Leocor Mining Inc. through a private placement, indicating a strategic investment move in the mining sector [1][3]. Group 1: Acquisition Details - The company acquired 20,000,000 common shares and 20,000,000 transferable common share purchase warrants in Leocor Mining Inc. as part of the offering completed on March 26, 2026 [2]. - Following the acquisition, Planet Ventures beneficially owns a total of 34,855,083 common shares, which represents 17.58% of the total 198,232,402 common shares outstanding post-offering, on a non-diluted basis [2]. - The warrants acquired are exercisable into an additional 24,000,000 common shares, but are subject to a blocker provision that limits the exercise if it would result in owning more than 20% of the common shares at the time of exercise [2]. Group 2: Company Overview - Planet Ventures is an investment issuer listed on the Canadian Securities Exchange (CSE) that focuses on investing in disruptive companies and industries with high growth potential [4]. - The company's investment policies aim to provide investors access to emerging and high-growth opportunities while mitigating downside risks [4].
Planet Ventures Inc. Announces Filing Of Early Warning Report
Thenewswire·2026-03-26 21:25