SOL Global Investments Corp. Disposes Of Shares In Frankly Inc. With Proceeds From Sales Being Used For Additional Investment Into Torque ESports Corp. (Formerly Millenial ESports Corp.)

SOL Global’s Reinvestment into Torque signifies SOL Global’s commitment to the Frankly, WinView and Torque business combination.

January 24, 2020 (Toronto, Ontario) – SOL Global Investments Corp. (“SOL Global” or the “Company”)(CSE:SOL) (OTCPK: SOLCF) (Frankfurt:9SB) announces that on January 21, 2020, SOL Global disposed of 300,000 common shares (“Common Shares”) of Frankly Inc. (“Frankly”) (TSXV:TLK) through the facilities of the TSX Venture Exchange (the “Disposition”). The consideration received per Common Share under the Disposition was approximately $0.65, for total consideration received of $193,659. The completion of the Disposition, together with other dispositions of Common Shares by SOL Global since the last early warning report of Common Shares disposed of by the Company filed on November 29, 2019 (the “November 29 Report”) resulted in a greater than 2.0% decrease in the 13.81% Common Share holding reported in the November 29 Report.

Immediately before the completion of the Disposition, SOL Global beneficially owned 3,789,100 Common Shares, representing approximately 12.4% of the issued and outstanding Common Shares on a non-diluted basis. Immediately following the completion of the Disposition, SOL Global beneficially
owned 3,489,100 Common Shares, representing approximately 11.4% of the issued and outstanding Common Shares on a non-diluted basis.