Sol Strategies arranges $25-million private placement

Mr. Doug Harris reports SOL STRATEGIES INC. ANNOUNCES UP TO C$25 MILLION LIFE OFFERING OF UNITS Sol Strategies Inc. has launched a private placement of up to $25-million of units of the company pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, and Coordinated Blanket Order 45-935 of the Canadian Securities Administrators. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of $8.90, representing a 30-per-cent premium to the unit price for a period of 36 months following closing. The unit price will be $6.85. The LIFE offering will be conducted on a best efforts, fully marketed basis by Canaccord Genuity Corp., acting as lead agent and sole bookrunner, on behalf of a syndicate of agents to be formed by the lead agent. The company intends to grant the agents a cash commission equal to 6.0 per cent of gross proceeds, plus broker warrants equal to 6.0 per cent of the number of units sold, exercisable for 36 months at an exercise price of $8.90, representing a 30-per-cent premium to the unit price. The net proceeds from the LIFE offering will be used for general corporate purposes and investments consistent with Sol Strategies' investment principles, for purposes of solana treasury growth. Key terms of the LIFE offering: Offering size: up to $25-million; Pricing: $6.85; Warrants: each whole warrant exercisable at $8.90, representing a 30-per-cent premium to the unit price, for 36 months; Jurisdictions: offered in all Canadian provinces except Quebec and in other offshore jurisdictions in accordance with applicable laws; Hold period: common shares, warrants and warrant shares issued under the LIFE exemption will not be subject to a Canadian statutory hold period; Eligibility: common shares and warrants will be eligible investments for RRSPs, RRIFs, RDSPs, RESPs, TFSAs, FHSAs and DPSPs; Closing: expected on or about Oct. 1, 2025, or such other date as the company and the lead agent may agree. Closing is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including from the Canadian Securities Exchange. There is an offering document related to the LIFE offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision. Copies of the offering document may also be obtained from the lead agent at [email protected]. About Sol Strategies Inc. Sol Strategies is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications. We seek Safe Harbor.