Matador Technologies Inc. Announces Additional Non-Brokered Private Placement

Core Viewpoint - Matador Technologies Inc. is conducting a non-brokered private placement offering to raise up to C$4,000,000 by issuing units priced at $0.62 each, with an option to increase the offering by 15% [1][4]. Group 1: Offering Details - The offering consists of up to 6,451,613 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 $0.77 for a period of twelve months from issuance [2]. - The warrants include an acceleration clause, allowing the company to shorten the expiry date if the share price exceeds $1.15 for five consecutive trading days [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated approximately one-third to the purchase of Bitcoin, one-third to advancing gold acquisition and Grammies business initiatives, and one-third for general corporate purposes [5]. Group 3: Company Overview - Matador Technologies Inc. is a Bitcoin-focused company that holds Bitcoin as its primary treasury asset and develops products to enhance the Bitcoin network [6]. - The company's flagship offering, the Digital Gold Platform, allows users to buy, sell, and trade 1-gram gold units inscribed as Bitcoin Ordinals, integrating traditional value with decentralized technology [7].