Matador Technologies Secures Nearly CAD 3M to Advance Bitcoin and Gold Strategy
Matador Technologies Inc. (TSXV: MATA) has completed the second round of its non-brokered private placement, raising CAD 1.42 million through the sale of 2,588,955 units at CAD 0.55 per unit. Combined with the first round completed on May 26, total proceeds now stand at CAD 2.99 million from 5.45 million units issued.
Each unit includes one common share and half a warrant, with full warrants exercisable at CAD 0.75 within a year.
The funds will support Bitcoin acquisitions, gold business development, and general operations, reinforcing the company’s dual-asset focus on digital and traditional stores of value.
The company’s previous private placement, completed on May 27, focused on enabling further Bitcoin accumulation—positioning Matador to benefit from long-term appreciation and network participation within the Bitcoin ecosystem.
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