SOL Global Changes Auditor and Provides Corporate Update

TORONTO, January 9, 2024 – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) today announces that it has changed its auditors from Kreston GTA LLP (the “Former Auditor”) to Zeifmans LLP (the “Successor Auditor”) effective December 7, 2023 (the “Effective Date”).

The board of directors of the Company (the “Board”) accepted the resignation of the Former Auditor and appointed the Successor Auditor as the new auditor of the Company as of the Effective Date.

There were no reservations or modified opinions in the Former Auditor’s reports on the Company’s financial statements for the period commencing at the beginning of the Former Auditor’s appointment as auditor and ending on the date of resignation of the Former Auditor. There are no reportable events including disagreements, consultations, or unresolved issues as defined in National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”) (Part 4.11) between the Company and the Former Auditor.

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board and filed on SEDAR+ at www.sedarplus.ca.

John Zorbas Nominated to Board of Directors

The Company is also pleased to announce that Mr. John Zorbas will be nominated to the Board by the Company’s management. Mr. Zorbas’ nomination will be considered by shareholders of the Company at the Company’s next annual meeting of shareholders. Mr. Zorbas is an entrepreneur with a proven track
record in the metals exploration and development industry and the investment banking sector. He has held senior advisory positions in various facets of business including operations, marketing, sales, strategic planning and structured finance. Mr. Zorbas is currently the President and CEO of Captor Capital Corp. He also serves as senior officer and director of several public and private companies. Mr. Zorbas holds an Honors Bachelor’s in Economics from the University of Toronto.

“I welcome John’s nomination to the Board. He brings experience that will contribute to the Board and benefit SOL Global on it’s path forward,” said Paul Kania, CFO and Interim CEO.