TORONTO, June 6, 2019 /PRNewswire/ – SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE:SOL) (Frankfurt:9SB) (OTCQB: SOLCF) announces that it has acquired an aggregate of 4,831,500 common shares and 2,349,500 common share purchase warrants of Frankly Inc. (“Frankly”) (TSX-V:TLK), representing 16.3% of the issued and outstanding common shares of Frankly on a non-diluted basis and 22.5% of Frankly on a partially diluted basis. SOL Global acquired an initial aggregate position of 4,700,000 common shares and the 2,349,500 common share purchase warrants between May 10, 2019 and May 22, 2019 pursuant to a private placement offering of Frankly units at a price of $0.35 per unit for an aggregate purchase price of $1,645,000 (the “Frankly Private Placement”). Each unit was comprised of one (1) common share of Frankly and one-half (1/2) of one warrant with each whole warrant exercisable for one common share of Frankly at an exercise price of $0.65 for a period of 24 months from the issue date. SOL Global did not hold any securities of Frankly prior to the Frankly Private Placement.