MATADOR Technologies Inc. (“Matador” or “The Company”) (TSXV: MATA, OTCQB: MATAF), Technology and Investment Company that focuses on Bitcoin, only Declare An unfamiliar special price of up to 5,454,546 units at $ 0.55 each. The total amount MATADOR expects up to 3,000,000 Canadian dollars in the total revenue.
The collected money will be allocated in three equal parts. A third will be used to buy Bitcoin, which is lined with the interest of the company in addition to their Bitcoin reserves. Another third will go towards expanding gold acquisition plans and developing the Grammies Business Initiative. The last third will cover the needs of public companies – things such as operations, supervisor costs and any new job opportunities that appear.
Each unit includes one shared and a half shared purchase note. One full note gives the holder the right to purchase an additional share at $ 0.75. These are valid for 12 months, starting from the date issued.
There is also an acceleration item. If the company’s share is up to $ 1.05 or more for five days in a row trading on TSX Venture Exchang (TSXV) – but after only four months and one day of closing –Maador The expiration of orders can be accelerated. If this happens, they will issue a press statement, and the new expiration date will be 30 days after the publication of this notice.
All securities of this offer will be under a period of legal suspension for a period of four months and one day, as required by Canadian Securities Laws. Investors will not be able to sell or trade these shares during that time. This period helps ensure compliance with regulations and add stability during the early stage of investment.
The offer will be made under exemptions from the usual issues of the release bulletin. It is only open to investors accredited through Canadian provinces and perhaps in other regions where they are legally allowed. Like most places, it still needs final approval from TSX Venture Exchange before they are official.
This private position is part of the MATADOR plan to enhance its role in Bitcoin and Gold markets while building other parts of its business. By diversifying its investments and focusing on both digital and traditional assets, the company determines the same for long -term growth. In December 2024, the company’s board of directors approved the purchase of the first $ 4.5 million in bitcoin.
The post Matador Technologies Raising C$1 Million To Invest In Bitcoin first appeared on Investorempires.com.
