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Matador Technologies (TSXV: MATA) Closes CAD $1.5M Private Placement
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Highlights
Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Canadian Bitcoin-focused firm, announced the closing of a CAD $1.5 million investment from Arrington Capital in the first tranche of its ongoing non-brokered private placement.
Under the terms of the offering, Matador issued 2,419,354 units at a price of $0.62 per unit. Each unit includes one common share and one-half of a common share purchase warrant. A full warrant allows the holder to acquire one additional common share at a price of $0.77 within 12 months.
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