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Posted by
Two Blokes May 28, 2025 -
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NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused technology company, is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Offering”), pursuant to which it has issued an additional aggregate of 2,588,955 units (the “Units”) at a price of $0.55 per Unit, for aggregate gross proceeds of C$1,423,925. In total with the first tranche closing of 2,863,818 Units on May 26, 2025, the Company has issued an aggregate of 5,452,773 Units pursuant to the Offering to raise aggregate gross proceeds of $2,999,025.
