Solium Capital Inc. has closed the sale of its online brokerage. Solium has completed the sale of its wholly owned subsidiary, Solium Capital Online Inc. to Tristone Capital Advisors Inc. for $25,000 in cash.

Online will continue to facilitate the underlying share transactions associated with the exercising of stock options on Solium’s e-SOAP application.

The transaction is expected to result in a decrease of approximately $20,000 per month in costs to Solium, and will free up the approximately $400,000 of capital currently tied up in Online for regulatory purposes.