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

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TORONTO, June 06, 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 third and final tranche of its previously announced non-brokered private placement (the “Offering”), pursuant to which it has issued an aggregate of 2,347,903 units (the “Units”) at a price of $0.62 per Unit, for aggregate gross proceeds of C$1,455,700. In total, the Company issued an aggregate of 7,419,354 Units in three tranches pursuant the Offering, to raise aggregate gross proceeds of $4,600,000. The first tranche closed on May 30, 2025, and the second tranche on June 4, 2025, as part of the Offering announced on May 22, 2025.

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