Mr. Paul Kania reports
SOL GLOBAL ACQUIRES AN ADDITIONAL $1.5 MILLION IN SOLANA TOKENS
SOL Global Investments Corp. has made an additional $1.5-million strategic investment in solana tokens at a price of $331 per token which gives it access to 4,533 tokens. This investment reflects SOL Global's continued confidence in Solana's ability to drive the next wave of growth in blockchain technology, decentralized finance (DeFi) and derivatives markets.
The company's initial strategy emphasizes owning and staking solana tokens while making targeted investments exclusively aligned with the solana blockchain. This focused approach underscores SOL Global's commitment to supporting and advancing the growth of solana-based projects and technologies. The company believes that solana tokens has established itself as a leader in the blockchain space with its cutting-edge proof-of-history (PoH) consensus mechanism, enabling unparalleled speed, scalability and cost-efficiency. The company believes that these features have made it a go-to platform for developers building decentralized applications (dApps) across various industries, including DeFi, gaming, non-fungible tokens (NFTs) and financial derivatives.
Corporate update
The company is pleased to announce that it has engaged Outside The Box Capital Inc. (OTB), Machai Capital Inc. and Quantum Ventures Inc. to perform services for the company, which includes promotional and investor relations activities, as such terms are contemplated under the policies of the Canadian Securities Exchange (CSE) and applicable securities laws.
Pursuant to an agreement entered into with OTB, OTB intends to work with the company to provide advertising, corporate marketing and investor awareness services, including, but not limited to, content creation management, project management, media distribution, and the creation and distribution of marketing materials. In accordance with the OTB agreement, OTB will receive a cash fee of $50,000 (plus applicable taxes) for its services. The services are expected to begin on Dec. 5, 2024, and will terminate after one month. OTB is based in Oakville, Ont.
Pursuant to an agreement entered into with Machai Capital, Machai Capital intends to work with the company to provide digital marketing and advertising as well as search engine optimization and social media marketing management. In accordance with the Machai agreement, Machai Capital will receive a cash fee of $150,000 (plus applicable taxes) for its services. The campaign is expected to begin on Dec. 9, 2024, and will terminate after three months. Machai Capital is based in Surrey, B.C.
Pursuant to an agreement entered into with Quantum Ventures, Quantum Ventures intends to work with the company to provide media and marketing creation, and on-line investor awareness. In accordance with the Quantum agreement, Quantum Ventures will receive a cash fee of $60,000 (U.S.) for its services. The services are expected to begin on Dec. 5, 2024, and terminate after two months. Quantum Ventures is based in Victoria, B.C.
OTB, Machai Capital and Quantum Ventures provide public disclosure solutions to a number of issuers across a variety of industry segments. OTB, Machai Capital and Quantum Ventures are each at arm's length to the company. All content describing the company generated on behalf of The Box Capital, Machai Capital and Quantum Ventures will be reviewed by the company prior to its publication or distribution.
About SOL Global Investments Corp.
SOL Global is a diversified international investment and private equity holding company. The company is in the process of divesting its current investment partnerships and minority holdings. SOL Global recently announced the transition of investments to focus exclusively on digital asset technology, primarily on solana and solana-based technologies.
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