TORONTO–()–SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE:SOL) (OTCPK:SOLCF) (Frankfurt:9SB) proclaims that it has elevated its place in Captor Capital Corp. (“Captor”) (CSE:CPTR) to 16.32%, by means of the acquisition of 4,105,263 items in the capital of Captor (“Units”) in reference to a non-brokered personal placement of Captor accomplished on April 30, 2021 (the “Transaction”). The completion of the Transaction resulted in a higher than 2.0% improve in the safety holding share of frequent shares in the capital of Captor (“Common Shares”) reported because the final early warning report filed by the Company on April 12, 2021.

“Our excitement over the One Plant brand expansion and California dispensary market continues to grow,” stated Andrew DeFrancesco, Chairman and Chief Executive Officer of SOL Global. “In order to maximize the opportunity for SOL stockholders we felt strongly about participating in the financing and increasing our ownership position.”

On April 28, 2021, SOL Global acquired 4,105,263 Units at a value of $0.95 per Unit. Each Unit is comprised of 1 (1) Common Share and one-half of 1 (1/2) Common Share buy warrant (every, a “Warrant”) exercisable at $1.20 for a interval of 24 months. Immediately prior to the completion of the Transaction, SOL Global owned 4,238,200 Common Shares, representing roughly 10.97% of the issued and excellent Common Shares on a non-diluted foundation. Following the completion of the Transaction, SOL Global now owns 8,343,463 Common Shares representing roughly 16.32% of the issued and excellent Common Shares on a non-diluted foundation. Together with the two,052,632 Warrants acquired by the Company in reference to the personal placement, SOL Global now beneficially owns roughly 19.55% of Captor on {a partially} diluted foundation. SOL Global’s average-cost-base on Captor is $0.93 per Common Share.

The completion of the Transaction resulted in an roughly 5.4% improve in the Company’s safety holding share of the issued and excellent Common Shares on a non-diluted foundation.

The Company acquired the securities reported herein for funding functions. The Company might, relying on market and different situations, improve or lower its useful possession in Captor’s securities, whether or not in transactions over the open market, by privately negotiated preparations or in any other case, topic to quite a few elements, together with basic market situations and different accessible funding and enterprise alternatives.

This information launch is being issued to adjust to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (“NI 62-103”). An early warning report has been filed on SEDAR relating to the Transaction. To receive extra data or to receive a duplicate of the early warning report to be filed in respect of this information launch, please contact SOL Global on the contact particulars famous under.

About SOL Global Investments Corp.

SOL Global is a diversified funding and personal fairness holding firm engaged in the small and mid-cap sectors. SOL Global’s funding partnerships vary from minority positions to giant strategic holdings with energetic advisory mandates. The Company’s seven main enterprise segments embrace Retail, Agriculture, QSR & Hospitality, Media Technology & Gaming, and New Age Wellness.

The Company’s head workplace is situated at 100 King Street West, Suite 5600, Toronto, Ontario, M5X 1C9. Captor’s head workplace is situated at 4 King Street, Suite 401, Toronto, Ontario, M5H 1B6.

Cautionary Statements

This press launch incorporates “forward-looking information” throughout the which means of relevant securities legal guidelines. All statements contained herein that aren’t clearly historic in nature might represent forward-looking data. In some circumstances, forward-looking data might be recognized by phrases or phrases similar to “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the adverse of those phrases, or different related phrases, expressions and grammatical variations thereof, or statements that sure occasions or situations “may” or “will” occur, or by discussions of technique. The forward-looking data contained in this press launch consists of, with out limitation, data relating to the Company’s funding plans.

Forward-looking data relies upon sure materials assumptions that had been utilized in drawing a conclusion or making a forecast or projection, together with administration’s perceptions of historic tendencies, present situations and anticipated future developments, in addition to different issues which are believed to be applicable in the circumstances. While we contemplate these assumptions to be cheap based mostly on data presently accessible to administration, there is no such thing as a assurance that such expectations will show to be appropriate.

By their nature, forward-looking data is topic to inherent dangers and uncertainties that could be basic or particular and which give rise to the likelihood that expectations, forecasts, predictions, projections or conclusions is not going to show to be correct, that assumptions might not be appropriate and that aims, strategic targets and priorities is not going to be achieved. A wide range of elements, together with identified and unknown dangers, a lot of that are past our management, may trigger precise outcomes to differ materially from the forward-looking data in this press launch together with the lack or failure of the Company’s portfolio firms to execute their enterprise and strategic plans as contemplated or in any respect, adjustments in nationwide or regional financial, authorized, regulatory and aggressive situations and a resurgence in the COVID-19 pandemic.

Other danger elements embrace: the dangers ensuing from investing in the US marijuana trade, which can be authorized below sure state and native legal guidelines however is presently unlawful below U.S. federal legislation; the dangers of investing in securities of personal firms which can restrict the Company’s capacity to promote or in any other case liquidate these securities and understand worth; reliance on administration; the power of the Company to service its debt; the Company’s capacity to receive further financing from time to time to pursue its enterprise aims; competitors; litigation; inconsistent public opinion and notion relating to the medical-use and adult-use marijuana trade; and regulatory or political change. Additional danger elements will also be discovered in the Company’s present MD&A, which has been filed on SEDAR and might be accessed at Readers are cautioned to contemplate these and different elements, uncertainties and potential occasions fastidiously and never to put undue reliance on forward-looking data.

The forward-looking data contained herein is made as of the date of this press launch and relies on the beliefs, estimates, expectations and opinions of administration on the date such forward-looking data is made. The Company undertakes no obligation to replace or revise any forward-looking data, whether or not on account of new data, estimates or opinions, future occasions or outcomes or in any other case or to clarify any materials distinction between subsequent precise occasions and such forward-looking data, besides as required by relevant legislation.

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