SOL Global Announces Strategic Reorganization of Non-Solana Assets
Toronto, Ontario--(Newsfile Corp. - December 20, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company"), among the first publicly traded crypto investment companies providing exposure to the rapidly growing Solana ecosystem, announces the execution of a letter of intent ("LOI") to move all of its assets other than its native Solana token assets ("Solana"), together with its liabilities, into a newly formed subsidiary, in which SOL will...
2024-12-20 7:00 AM EST
Sol Global Launches New Corporate Brand Reflecting Exclusive Focus in Solana
Toronto, Ontario--(Newsfile Corp. - December 17, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB), among the first publicly traded crypto investment companies providing exposure to the rapidly growing Solana ecosystem is pleased to announce the launch of its newly redesigned website, www.solglobal.com. This digital platform underscores the company's strategic shift towards investing exclusively in the Solana blockchain network and related technologies. The revamped...
2024-12-17 8:00 AM EST
SOL Global Announces Additional Staking in Solana
Toronto, Ontario--(Newsfile Corp. - December 12, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company), a forward-thinking investment company focused on blockchain innovation, has unveiled its investment staking strategy initiative, designed to enhance returns and promote sustainable growth within the Solana ecosystem. The Company has staked its additional investment of 8,905 tokens at a rate of 5.6% and will continue to stake its future...
2024-12-12 7:30 AM EST
SOL Global Strengthens Financial Position with Partial Repayment to Senior Lender
Toronto, Ontario--(Newsfile Corp. - December 11, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL" or "the Company") is pleased to announce that it has successfully repaid $3.4 million of its outstanding debt to its senior lender, Braebeacon Holdings Inc., decreasing the loan balance to $10.2 million. This repayment aligns with SOL Global's broader financial objectives and reflects the Company's ongoing commitment to strengthening its financial position and...
2024-12-11 8:00 AM EST
SOL Global Announces Strategic Expansion of Solana Holdings with Additional Purchase of $1.5 Million in Tokens
Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company), among the first publicly traded crypto investment companies providing exposure to the rapidly growing Solana ecosystem, is proud to announce its additional $1.5 million acquisition, further solidifying its strategic investment in Solana tokens, at a price of CDN $343 per token which gives it access to an additional 4,372 tokens. This...
2024-12-09 8:00 AM EST
SOL Global Announces Solana Investment Staking Strategy
Toronto, Ontario--(Newsfile Corp. - December 6, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company), a forward-thinking investment company focused on blockchain innovation, has unveiled its investment staking strategy initiative, designed to enhance returns and promote sustainable growth within the Solana ecosystem. The Company has staked its original investment of 8,123 tokens at a rate of 5.6% and will continue to stake its future...
2024-12-06 8:00 AM EST
SOL Global Acquires an Additional $1.5 Million in Solana Tokens
Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company), among the first publicly traded crypto investment companies providing exposure to the rapidly growing Solana ecosystem, is proud to announce its additional $1.5 million strategic investment in Solana tokens at a price of CDN $331 per token which gives it access to 4533 tokens. This investment reflects SOL Global' s continued confidence in...
2024-12-05 8:00 AM EST
SOL Global Announces Closing of C$3.6 Million Brokered Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement. The Company sold 18,000,000 units of the Company (each, a "Unit") at a price of $0.20 per Unit for aggregate gross proceeds to the Company of $3,600,000 (the "Offering"). Each Unit consists of one common share in the capital of the Company...
2024-12-03 9:02 AM EST
SOL Global Provides Corporate Update on Solana Focused Investment
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or "the Company") is pleased to announce that it has purchased its initial $2.0 million USD investment in Solana at a price of US$245, which gives it access to 8,123 Solana tokens. SOL Global intends to hold the tokens and benefit from price appreciation as well as a yield through a process called staking. Staking is a mechanism that supports the Solana...
2024-11-18 10:24 AM EST
SOL Global Provides Corporate Update on Solana Focused Investment
Toronto, Ontario--(Newsfile Corp. - November 8, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL" or "the Company") is pleased to announce the following updates on its debt facilities. Accommodation Agreement with Senior Secured Lender SOL (the "SOL Accommodation Agreement") and House of Lithium Ltd. ("HOL"), in which SOL Global holds approximately 66% of the outstanding equity interests (the "HOL Accommodation Agreement", and together with the SOL...
2024-11-08 9:29 AM EST
SOL Global Announces Strategic Change with Investment Focus in Solana
Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL" or "the Company") today announced a strategic shift by its wholly-owned subsidiary to primarily focus on investing in the Solana blockchain network following its successful exit from Core Scientific Inc. Through Solana's efficient and scalable network, SOL Global aims to harness growth in decentralized finance and next-generation applications as part of Solana's...
2024-11-04 7:30 AM EST
SOL Global Provides Interim Unaudited Financials for the Third Quarter Ended August 2024
Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") today reported unaudited financial results for the third quarter ended August 31, 2024. The Company is also pleased to present a general operational update regarding its assets and investments. All figures in this press release are in Canadian dollars, unless otherwise indicated. Unaudited Results for the Nine-Month Period Ended August...
2024-10-29 8:00 AM EDT
SOL Global Provides Interim Unaudited Financials for the Second Quarter Ended May 2024
Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") today reported unaudited financial results for the second quarter ended May 31, 2024. The Company is also pleased to present a general operational update regarding its assets and investments. All figures in this press release are in Canadian dollars, unless otherwise indicated. Unaudited Results for the Six-Month Period Ended May 31, 2024...
2024-07-30 6:00 PM EDT
SOL Global Provides Interim Unaudited Financials for the First Quarter Ended February 2024
Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") today reported unaudited financial results for the first quarter ended February 29, 2024. The Company is pleased to present a general operational update regarding its assets and investments. All figures in this press release are in Canadian dollars, unless otherwise indicated. Unaudited Q1 FY 2024 Results For the quarter-ended February 29,...
2024-04-29 5:40 PM EDT
SOL Global Announces Financial Results for Fiscal 2023
Toronto, Ontario--(Newsfile Corp. - March 28, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") today reported audited financial results for the year ended November 30, 2023. The Company is also pleased to present a general operational update regarding its assets and investments. All figures in this press release are in Canadian dollars, unless otherwise indicated. Audited Year-End Results For the year-ended November 30, 2023, the...
2024-03-28 8:55 PM EDT
SOL Global Announces Update on Portfolio Companies
Toronto, Ontario--(Newsfile Corp. - January 26, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company"), a global asset manager, is pleased to announce business updates on its portfolio companies. Core Scientific, Inc. Texas-based bitcoin mining firm, Core Scientific, Inc. announced on January 23, 2024, that it has successfully completed its Chapter 11 reorganization and materializes with a strengthened balance sheet. The listing of its...
2024-01-26 8:00 AM EST
SOL Global Changes Auditor and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - January 9, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") 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...
2024-01-09 4:30 PM EST
SOL Global Announces Third Quarter 2023 Financial Results
Toronto, Ontario--(Newsfile Corp. - October 26, 2023) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company") today announced unaudited financial results for the third quarter ended August 31, 2023. The Company is also pleased to present a general operational update regarding its assets and investments. All figures in this press release are in Canadian dollars, unless otherwise indicated. Unaudited Nine-Month Period Ended Results For the...
2023-10-26 8:30 AM EDT
SOL Global Announces Portfolio Company Damon Motors Entered into Business Combination to List on Nasdaq
Toronto, Ontario--(Newsfile Corp. - October 24, 2023) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or the "Company"), a global asset manager, announced that Damon Motors Inc. ("Damon"), a portfolio company of SOL Global's Greentech-focused investment, House of Lithium, signed a definitive agreement with Inpixon (NASDAQ: INPX) to complete a reverse merger (the "Business Combination") with a proposed spin-off entity of Inpixon, Grafiti Holding Inc. Upon...
2023-10-24 8:53 AM EDT
SOL Global Announces Portfolio Company Andretti Acquisition to Enter into Business Combination with Zapata AI
Toronto, Ontario--(Newsfile Corp. - September 6, 2023) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) ("SOL Global" or the "Company") (Frankfurt: 9SB), a global asset manager, announced that portfolio company Andretti Acquisition Corp. (NYSE: WNNR), ("Andretti Acquisition"), a publicly traded special purpose acquisition company, has entered into a definitive business combination agreement with Zapata Computing, Inc. ("Zapata AI") which will result in Zapata AI becoming a U.S....
2023-09-06 8:00 AM EDT