SOL Global Announces Resignation of Deena Siblock and Conclusion of Consulting Arrangement

The agreement settles accrued consulting obligations for less than the amount owed, while leaving Siblock’s deferred share units unchanged.

Rhea-AI Summary

SOL Global Investments (SOLCF) announced Deena Siblock’s resignation from all company roles, effective October 23, 2026, and terminated her consulting arrangement.

Siblock served as director, vice president of corporate affairs and corporate secretary. Spark, her consulting company, and Siblock agreed to accept $100,000 in full satisfaction of $144,111.28 owed in consulting fees, expenses and other amounts. Her deferred share units remain unchanged. She will provide transition support, including limited follow-up assistance for six months. The board approved the agreement with Siblock abstaining; John Zorbas and Jason Batista remain directors.

2 points · 1 major

MixediHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

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1 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Major pointSettlement reduces accrued obligations from $144,111.28 to $100,000 in full and final satisfaction. 18% of market cap
• Minor point. Forward-looking: it has not happened yet and may not happen.Siblock will assist with transition, including limited follow-up support for six months.

Negative

• Major point. Forward-looking: it has not happened yet and may not happen.Settlement requires a $100,000 payment to Spark and Siblock. 18% of market cap

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - October 26, 2026) - SOL GLOBAL INVESTMENTS CORP. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB0) ("SOL Global" or the "Company") announces that Deena Siblock has resigned as a Director, Vice President Corporate Affairs, and Corporate Secretary of the Company, and from all other positions with the Company and its subsidiaries and affiliates, effective October 23, 2026.

Ms. Siblock provided services to the Company through Spark Corp. ("Spark"), a company of which she is the principal, pursuant to a consulting agreement effective March 3, 2023 (the "Consulting Agreement"). As of the date of her resignation, an aggregate of $144,111.28 in accrued consulting fees, expenses and other amounts was owing to Spark and Ms. Siblock under the Consulting Agreement.

In connection with her resignation, the Company, Spark and Ms. Siblock entered into an agreement (the "Settlement Agreement") under which Spark and Ms. Siblock agreed to accept a payment of $100,000 in full and final satisfaction of all amounts owing to them in connection with the Consulting Agreement and Ms. Siblock's services to the Company; the Consulting Agreement was terminated, concurrently with Ms. Siblock's resignation; the deferred share units of the Company held by Ms. Siblock are not affected and will continue to be governed by their existing terms; the parties exchanged customary mutual releases; and Ms. Siblock will assist with an orderly transition of her responsibilities, including limited follow-up assistance for a period of six months.

The Settlement Agreement was approved by the board of directors of the Company, with Ms. Siblock having declared her interest and abstained from voting. Following Ms. Siblock's resignation, the board of directors of the Company consists of John Zorbas and Jason Batista. The Company will announce any appointments to the board of directors or of officers of the Company as they are made.

The Company thanks Ms. Siblock for her service and wishes her well in her future endeavours.

About SOL Global Investments Corp.

SOL Global is one of the first publicly traded companies globally exclusively focused on digital assets. SOL Global aims to provide unprecedented public exposure to select ecosystems through token acquisitions, staking for yield generation, and investments in early-stage protocols.

For further information, please contact:
SOL Global Investments Corp.
John Zorbas, Director
Telephone: 416-827-5109
Email: info@solglobal.com
Website: https://solglobal.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320951

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did Deena Siblock resign from SOL Global, and which roles did she leave?

Siblock resigned effective October 23, 2026 as director, vice president of corporate affairs and corporate secretary. She also resigned from all other positions with SOL Global and its subsidiaries and affiliates.

What are the financial terms of SOL Global’s agreement with Deena Siblock and Spark?

Spark and Siblock agreed to accept $100,000 in full and final satisfaction of $144,111.28 owed under the consulting arrangement. The consulting agreement terminated concurrently with Siblock’s resignation, while her deferred share units remain governed by their existing terms.