SOL Strategies Inc. Increases Previously Announced LIFE Offering of Units

Core Viewpoint - SOL Strategies Inc. has announced an increase in its private placement offering to C$30,003,000, up from the previously announced C$25,000,000, under the LIFE Offering exemption [1][8]. Group 1: Offering Details - The upsized LIFE Offering will consist of 4,380,000 Units priced at $6.85 per Unit, generating gross proceeds of $30,003,000 [2]. - Each Unit includes one Common Share and one Warrant, with each Warrant exercisable at $8.90 for 36 months post-closing [2][3]. - The offering will be conducted on a best-efforts basis by Canaccord Genuity Corp., which will receive a 6.0% cash commission and broker warrants equal to 6.0% of the Units sold [3]. Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated for general corporate purposes and investments aligned with SOL Strategies' investment principles, particularly for Solana treasury growth [4]. Group 3: Key Terms - The offering is expected to close around October 1, 2025, subject to necessary approvals [8]. - Common Shares and Warrants will be eligible investments for various Canadian registered accounts [8].