SOL Global Announces First Closing of Fully Subscribed $4 Million Debenture Unit Financing

SOL Global Investments Corp. (CSE: SOL, OTC: SOLCF) has completed the first tranche of its private placement offering, raising C$1,000,000

1) SOL Global (SOLCF) raised C$1,000,000 in the first tranche of its January 2025 private placement offering.

2) The conversion price for SOLCF's January 2025 convertible debentures is C$0.40 per Common Share.

3) SOLCF will use 75% of the net proceeds from its January 2025 convertible debenture offering to purchase Solana Tokens at prevailing market prices through reputable cryptocurrency exchanges. The remaining net proceeds will be used for working capital and general corporate purposes.

4) Each Warrant entitles the holder to purchase one Common Share at an exercise price of C$0.55 per Common Share for a period of 12 months following the closing of the Offering (the "Warrant Expiry Date").