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Matador Technologies Inc. Announces Closing of Second Tranche of Non-Brokered Private Placement to Support Bitcoin Acquisition
- Matador Technologies Inc. Completed the issuance of the second portion of its non-brokered private placement on June 4, 2025, selling 2,652,097 units at $0.62 each to raise C$1,644,300 in Toronto, Canada.
- This private placement follows the completion of its initial tranche on May 30, 2025, with the entire Offering having been originally disclosed on May 22, 2025, and remains subject to approval by the TSX Venture Exchange.
- Each unit includes a common share and a Warrant exercisable for 12 months at $0.77, with acceleration clauses triggered if share prices exceed $1.15 for five consecutive days after four months post-closing.
- Insiders subscribed for 200,000 units, finders received $95,582 and 152,165 broker warrants, and about one-third of net proceeds will fund Bitcoin purchases, one-third corporate projects, and one-third general use.
- The completion of this tranche advances Matador's Bitcoin-first strategy, supporting long-term growth through strategic Bitcoin accumulation, product development, and gold acquisition efforts while managing risks linked to regulatory approvals and market conditions.
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Matador Technologies Inc. Announces Closing of Second Tranche of Non-Brokered Private Placement to Support Bitcoin Acquisition
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador”...
Golden Cariboo Resources Announces Private Placement to Advance Exploration
Golden Cariboo Resources Ltd. (CSE: GCC) has announced a non-brokered private placement for gross proceeds of up to C$700,000. The offering will consist of up to 7,000,000 flow-through units priced at C$0.10 each. Each unit includes one flow-through common share and one-half of a non-flow-through warrant. Each full warrant will entitle the holder to purchase one additional non-flow-through share at a price of C$0.15 for a period of 24 months fol…
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