Concerned Shareholders of Sol Strategies Inc. Requisition Special Meeting Citing Serious Board Failures

Core Viewpoint - Certain shareholders of Sol Strategies Inc. have requisitioned a special meeting to address governance and strategic failures of the Company's board of directors [1][3]. Group 1: Shareholder Actions - The Requisitioning Shareholders hold more than 5% of the Company's voting shares, meeting the threshold to call for a shareholders' meeting [2]. - The requisition follows unsuccessful attempts to resolve governance issues with the Board [3]. Group 2: Board Concerns - The Requisitioning Shareholders criticize the Board for a lack of effective leadership and inadequate oversight of capital allocation [3]. - They believe that recent Board actions have led to a significant erosion of shareholder value and hindered the Company's strategic initiatives [5]. Group 3: Meeting Purpose - The requisitioned meeting aims to consider the removal of certain directors and the election of new nominees to improve Board accountability and credibility [4]. - The Requisitioning Shareholders emphasize the urgency for change in the Board's composition [4]. Group 4: Legal Obligations - Under the OBCA, the Board is required to call the requisitioned meeting within legal timelines; failure to do so will lead the Requisitioning Shareholders to call the meeting themselves [6].