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Matador Announces Intention to Spinout its Gold Treasury Platform, GODL Corp., into a Public Company
Accessnewswire· 2026-03-02 12:00
TORONTO, ON / ACCESS Newswire / March 2, 2026 / Matador Technologies Inc. ("Matador" or the "Company") (TSXV:MATA)(OTCQB:MATAF)(FSE:IU3), The Bitcoin Ecosystem Companyâ"¢, intends to spin out (the "Spinout") its existing wholly-owned subsidiary, GODL Corp. ("GODL"), a company focused on a yield-generating gold treasury strategy and gold tokenization. The transaction is conditional upon TSX Venture Exchange Inc. ("TSXV") approval, and other regulatory and shareholder requirements being met. ...
Matador Technologies Inc. Announces At-The-Market Equity Program to Support Strategic Bitcoin Accumulation
Accessnewswire· 2026-02-04 02:15
Core Viewpoint - Matador Technologies Inc. has announced an equity distribution agreement with ATB Cormark Capital Markets, indicating a strategic move to enhance its capital structure and support its operations in the Bitcoin ecosystem [1] Group 1: Company Overview - Matador Technologies Inc. is identified as a Bitcoin Ecosystem Company, suggesting a focus on cryptocurrency-related services or products [1] Group 2: Financial Agreement - The company has entered into an equity distribution agreement with ATB Cormark Capital Markets, which may facilitate the raising of capital through equity sales [1]
Matador Acquires 5 Bitcoin for CAD$802,020, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 77.4
Globenewswire· 2025-08-11 11:30
Core Viewpoint - Matador Technologies Inc. has acquired an additional 5 bitcoin for CAD$802,020 (USD$583,093), aligning with its long-term strategy to integrate Bitcoin as a core asset in its treasury [1][2]. Group 1: Acquisition Details - The recent acquisition increases Matador's Bitcoin holdings to approximately 77.4 bitcoin, reinforcing its objective to diversify its treasury with long-duration reserve assets [2]. - The 5 bitcoin were acquired at an average price of USD$116,619 per bitcoin, inclusive of fees and expenses [1]. - The purchase was funded with existing cash on hand, and the company has filed a CAD$900 million base-shelf prospectus and is closing a USD$100 million secured convertible-note facility to support further Bitcoin acquisitions [2][3]. Group 2: Strategic Goals - Matador aims to maximize Bitcoin per share and ultimately hold 1 percent of Bitcoin's fixed 21-million-coin supply [2]. - The company has disclosed targets of acquiring 1,000 BTC by 2026 and 6,000 BTC by 2027 [3]. - The acquisition reflects the company's intention to increase its Bitcoin per share as part of its reserve asset strategy, aligning with the global shift to sound money assets [4]. Group 3: Broader Strategy and Investments - Matador is committed to expanding its treasury holdings of Bitcoin and leveraging blockchain technology to support long-term stakeholder value [5]. - The company has recently invested in HODL Systems, securing up to a 24% ownership stake, which strengthens its position as a leading Bitcoin treasury company [7]. - Matador's strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure [6].
Matador Technologies Inc. Announces Closing of Second Tranche of Non-Brokered Private Placement to Support Bitcoin Acquisition
Globenewswire· 2025-06-04 20:15
Core Viewpoint - Matador Technologies Inc. has successfully closed the second tranche of its non-brokered private placement, raising C$1,644,300 by issuing 2,652,097 units at a price of $0.62 per unit, as part of a broader offering announced earlier [1][5]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.77 for twelve months [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]. - The second tranche is subject to a statutory hold period until October 5, 2025, and the company paid finders fees totaling $95,582, issuing 152,165 broker warrants [4]. 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: Insider Participation - Insiders subscribed for a total of 200,000 units in the second tranche, which is classified as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [6]. Group 4: 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 [7]. - The company's flagship product, the Digital Gold Platform, allows users to trade 1-gram gold units on the Bitcoin blockchain, integrating traditional value with decentralized technology [8].