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

PANews reported on June 6 that according to GlobeNewswire, Bitcoin technology company Matador Technologies Inc (TSXV: MATA) announced that it has completed the final round of financing of non-broker private placement, issuing 2,347,903 units at a price of 0.62 Canadian dollars per share, raising funds of 1.4557 million Canadian dollars. So far, the company has issued a total of 7,419,354 units through three rounds of financing, with a total financing of 4.6 million Canadian dollars. The company stated that the funds raised will be used for the Bitcoin acquisition plan. The previous two rounds of financing were completed on May 30 and June 4, respectively, and this private placement was initially announced on May 22.

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