Matador completes third round of non brokerage private equity financing of approximately CAD 1.4557 million to support the purchase of Bitcoin

According to GlobeNewswire, Bitcoin technology company Matador Technologies Inc (TSXV: MATA) announced that it has completed the final round of funding for a non brokerage private placement, issuing 2347903 units at a price of CAD 0.62 per share and raising CAD 1.4557 million. So far, the company has issued 7419354 units through three rounds of financing, raising a total of CAD 4.6 million. 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 30th and June 4th respectively, and this private placement was initially announced to be launched on May 22nd.