Matador Completes Third Non-Broker Private Placement Fundraising of Approximately $1,455,700 CAD to Support Bitcoin Purchases

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PANews
06-06
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PANews reports on June 6th that according to GlobeNewswire, Matador Technologies Inc (TSXV: MATA), a Bitcoin technology company, announced the completion of the final round of a non-brokered private placement, issuing 2,347,903 units at a price of CAD 0.62 per unit, raising CAD 1,455,700. To date, the company has issued 7,419,354 units through three rounds of financing, with a cumulative fundraising of CAD 4.6 million. The company stated that the raised funds will be used for Bitcoin acquisition plans. The previous two rounds of financing were completed on May 30th and June 4th, with this private placement initially announced on May 22nd.

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