Matador Technologies Inc. has announced a non-brokered private placement to raise up to C$3,000,000 by selling 5,454,546 units at $0.55 each. The proceeds will be allocated into three areas: one-third for purchasing Bitcoin, another third for gold acquisition expansion, and the final third for general corporate expenses. Each unit comprises a common share and half a purchase warrant for an additional share at $0.75. The offering is available to accredited investors and requires final approval from the TSX Venture Exchange.
Matador Technologies Inc. announces a private placement aiming to raise up to C$3,000,000 by selling units priced at $0.55, focusing on Bitcoin and gold acquisitions.
The proceeds from the private placement will be divided into three equal parts: acquiring Bitcoin, expanding gold acquisition initiatives, and covering corporate operational costs.
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