SOL Global CEO Acquires Stock to Increase Personal Holding to 10%
Andrew DeFrancesco, Chief Executive Officer of SOL Global Investments Corp. (the “Company” or “SOL Global”), announces that on August 18, 2021, he acquired ownership of 330,700 common shares in the capital of SOL Global (the “Common Shares”) on the Canadian Securities Exchange at an average price of CAD
“SOL is one of the best stocks in my humble opinion for upside based on our holdings and factoring in the temporary weakness in the US Cannabis sector”, said SOL Global CEO, Mr. DeFrancesco. “My best returns have come from betting on myself and once again I have a Super Star team supporting me”.
Mr. DeFrancesco acquired the securities reported herein for investment purposes. Mr. DeFrancesco may, depending on market and other conditions, increase or decrease his beneficial ownership in the Company’s securities, whether in transactions on the open market, by privately negotiated arrangements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.
This news release is being issued to comply with National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. An early warning report will be filed and available on SEDAR regarding the Transactions. To obtain more information or to obtain a copy of the early warning report to be filed in respect of this news release, please contact SOL Global at the contact details noted below.
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