SOLCF - SOL Global Investments seeks to increase Captor Capital equity stake to 15.7%

SOL Global Investments ([[SOLCF]] -1.0%) submitted irrevocable subscription agreements to increase its position in Captor Capital to 15.7%, through the acquisition of 4.1M units (at $0.95/unit) from the recently announced non-brokered private placement of Captor.Each unit consists of one common Share and one-half of one ahare purchase warrant exercisable at $1.20 for two years.The transaction completion will lead to a greater than 2% increase in the 10.19% holding of shares in Captor capital reported since the last early warning report filed on Apr.12.SOL will own 8.04M shares post transaction leading to SOL Global's average-cost-base on Captor of $0.89/share; along with 2.05M warrants, SOL will own ~18.99% of Captor on partially diluted basis.Transaction completion will result in an ~5.5% increase in the company's security holding percentage of the issued and outstanding shares on a non-diluted basis.

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SOL Global Investments seeks to increase Captor Capital equity stake to 15.7%