Matador Technologies Inc. Announces Closing of First Tranche of Non-Brokered Private Placement to Support Bitcoin Acquisition

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TORONTO, May 26, 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 first tranche of its previously announced non-brokered private placement, pursuant to which it has issued an aggregate of 2,863,818 units (the “Units”) at a price of $0.55 per Unit, for aggregate gross proceeds of C$1,575,099 (the “Offering”).

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