Matador completes private financing totaling nearly 3 million Canadian dollars to support the purchase of bitcoin
2025-05-29 01:10:03
Canadian technology company Matador Technologies Inc. announced that it has completed a non-brokered private placement, issuing a total of 2,588,955 units at $0.55 per share, each consisting of one common share and half of a common share call warrant, each call warrant gives the holder the right to subscribe for one additional common share of the company at $0.75 per share for a period of twelve months from the date of issue. The total amount raised is $1,423,925. Together with the previously completed $1,575,099 financing, the company's private placement financing has reached nearly 3 million Canadian dollars. The funds will support its purchase of bitcoin.
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