Matador Technologies Announces up to $3M Private Placement to Buy Bitcoin and Expand Its Business

Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech and investment company, just announced a non-brokered private placement of up to 5

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a company focused on Bitcoin and technology, announced today a non-brokered private placement of up to 5,454,546 units. Each unit is priced at $0.55 and will be sold for an aggregate amount of up to C$3,000,000.

The net proceeds from the offering will be used in three equal parts. One-third will go towards an investment in Bitcoin, aligning with the company’s interest in expanding its Bitcoin treasury. Another third will be allocated to advancing Matador’s gold acquisition plans and the Grammies business initiative. The final third will cover general corporate purposes, including working capital, administrative costs, and new business opportunities.

Each unit sold will consist of one common share in the capital of Matador and 0.5 of a warrant to purchase an additional common share. A full warrant will give the holder the right to buy one share at a price of $0.75. The warrants will be exercisable for a period of 12 months from the date of issuance.

There is also an acceleration clause in place. If the price of the Company's shares reaches $1.05 or greater for five consecutive trading days on the TSX Venture Exchange (TSXV)—but only after a period of four months and one day from the closing of the offering—Matador may accelerate the expiry of the warrants. In such an event, a press release will be issued announcing the early termination of the warrants, and the new expiry date will be 30 days after that notice is made public.

All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day, in accordance with applicable Canadian securities laws. This means that investors who purchase shares in the offering will not be able to sell or trade them during that period.

The offering will be made in reliance upon certain applicable exemptions from the registration requirements of, and applicable to, the U.S. Securities Act of 1933, as amended. It will be open to accredited investors in the provinces of Canada and other jurisdictions where the offering can be made in accordance with local requirements.

The offering is still subject to final approval by the TSX Venture Exchange.

This private placement builds on Matador's strategy to expand its role in the Bitcoin and gold markets, while also developing other ventures.