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

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TORONTO, June 04, 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 second tranche of its previously announced non-brokered private placement (the “Offering”), pursuant to which it has issued an aggregate of 2,652,097 units (the “Units”) at a price of $0.62 per Unit, for aggregate gross proceeds of C$1,644,300. The first tranche closed on May 30, 2025, and both tranches are part of the Offering announced on May 22, 2025.

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