Solium Capital closes $46M bought deal

News Release

CALGARY, ALBERTA – November 1, 2017

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES

November 1, 2017 – Solium Capital Inc. (TSX:SUM) (“Solium” or the “Company”), the leading provider of software-as-a-service for global equity-based incentive plans, administration, financial reporting and compliance, is pleased to announce that it has completed its previously announced short form prospectus offering, including the exercise in full of the underwriters’ over-allotment option. A total of 4,488,450 common shares have been issued at a price of $10.25 per common share for aggregate gross proceeds of $46,006,612.50 to Solium.

The syndicate of underwriters was co-led by National Bank Financial Inc., as sole bookrunner, and CIBC World Markets Inc. and included Laurentian Bank Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc. and Barclays Capital Canada Inc.

The Company intends to use the net proceeds of the offering for working capital and general corporate purposes, as well as to provide flexibility for future acquisitions including potentially material acquisitions.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from such registration requirements.

About Solium Capital Inc.

Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 100 countries. Follow us @Solium and visit us at solium.com.

Investor Relations Contact:

NATIONAL Equicom
Heidi Christensen Brown
hchristensenbrown@national.ca
416.848.1389