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SOL Global Investments Corp
Symbol SOL
Shares Issued 117,314,582
Close 2024-12-11 C$ 0.40
Market Cap C$ 46,925,833
Recent Sedar Documents

SOL Global lowers outstanding Braebeacon debt to $10.2M

2024-12-11 17:31 ET - News Release

Mr. Paul Kania reports

SOL GLOBAL STRENGTHENS FINANCIAL POSITION WITH PARTIAL REPAYMENT TO SENIOR LENDER

SOL Global Investments Corp. 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 commitment to strengthening its financial position and reducing leverage.

By strategically paying down this portion of its debt, the company aims to reduce interest expenses and position itself for future growth opportunities.

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.

We seek Safe Harbor.

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