TORONTO , Nov. 30, 2019 /CNW/ – SOL Global Investments Corp. (“SOL Global” or the “Company”(SOL.CN) (SOLCF) (9SB.F) announces that it sold 103,500 common shares (“Common Shares”) in Torque Esports Corp. (“Torque”) (GAME.V) through the facilities of the TSX Venture Exchange (“TSXV”) on November 28, 2019 resulting in SOL Global becoming a beneficial holder of less than 10% of the issued and outstanding Common Shares (the “Disposition”). The consideration received per Common Share was approximately $1.2628 , for total consideration received of $130,864 .
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Immediately prior to the Disposition, SOL Global beneficially owned 420,623 Common Shares, representing approximately 12.0% of the issued and outstanding Common Shares on a non-diluted basis. Immediately following the completion of the Disposition, SOL Global beneficially owned 317,123 Common Shares, representing approximately 9.0% of the issued and outstanding Common Shares on a non-diluted basis. SOL Global will file an early warning report regarding the Disposition on SEDAR at www.sedar.com within two (2) business days of the filing of this news release.
On November 27, 2019 , SOL Global disposed of 99,900 Common Shares through the facilities of the TSXV (the “Prior Disposition”). The consideration received per Common