SOL Global Investments Corp C.SOL

Alternate Symbol(s): SOLCF

Healthcare Biotechnology

SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. The Company’s investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing shareholders with a long-term return through capital appreciation, dividends, and interest from its investments. The investment sectors are primarily cannabis but also include retail, agriculture, quick-service restaurant (QSR) & hospitality, media technology & gaming, clean energy, and new age wellness.

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SOL Global Investments Corp

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Comment by Firecaton Apr 25, 2019 3:02pm

34 Views

Post# 29670948

RE:RE:RE:RE:RE:To Ensure Clarity

thorgb1 wrote: Oh yeah, and I bet we hear about the Cali asset in the next week. Andy doesn’t sit on the best waiting for things to come to him. The dude gets SH!t done.

thorgb1 wrote: This is correct as as I understand it. Fantastic deal.

ipanema wrote: What I read was that Canncure, a 100% owned SOL subsidiary, will own both MCP and 3 Boys and Merida will receice $35M in cash from SOL and $115m in Canncure shares as payment. Of the $35m, $24m will be rased by SOL from a private placement of Canncure shares and $9m in SOL current cash, not sure where the other $2m comes from!

At the end of the day SOL will still own 58% of Canncure and Merida 42%. No SOL dilution from what I can tell and very little SOL current cash will be used.

What did I miss or get wrong?

GL

Would the private placement of 24 million of Canncure shares be raised before the IPO