SOL Global Announces C$3.6 Million Brokered Private Placement of Units

100% of Net Proceeds Will be Used for the Purchase of Additional Solana Tokens

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Toronto, Ontario – (November 19, 2024) SOL Global Investments Corp. (CSE: SOL; OTC Pink: SOLCF) (FSE: 9SB) (“SOL Global” or the “Company”) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (“Canaccord Genuity”) and Clarus Securities Inc. (“Clarus”, and together with Canaccord Genuity, the “Co-Lead Agents”), as co-lead agents and co-bookrunners, and on behalf of a syndicate of agents (collectively with the Co-Lead Agents, the “Agents”), pursuant to which the Agents will offer for sale up to 18,000,000 units of the Company (each, a “Unit”) at a price of $0.20 per Unit (the “Offering Price”), on a brokered private placement “best efforts” agency basis, for aggregate gross proceeds to the Company of up to $3,600,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one half of one common share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant will be exercisable to acquire one additional Common Share (each, a “Warrant Share”) at an exercise price of $0.30 per Warrant Share for a period of 24 months from the Closing Date (as defined herein). The Units issued by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), including the underlying securities, will not be subject to a statutory hold period pursuant to applicable Canadian securities laws.