Matador Technologies Inc. Announces Non-Brokered Private Placement

Core Viewpoint - Matador Technologies Inc. is conducting a non-brokered private placement offering to raise up to C$3,000,000 by issuing units priced at$0.55 each, aimed at enhancing its Bitcoin-focused operations and other business initiatives [1][5]. Group 1: Offering Details - The offering consists of up to 5,454,546 units, each unit comprising one common share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at a price of $0.75 for twelve months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the warrant expiry if the share price exceeds$1.05 for five consecutive trading days [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated approximately one-third each to the purchase of Bitcoin, advancing gold acquisition initiatives, and general corporate purposes [5]. Group 3: Company Overview - Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network [6]. - The company's flagship product, the Digital Gold Platform, allows users to trade 1-gram gold units inscribed as Bitcoin Ordinals, integrating traditional value with decentralized technology [7].