Matador Technologies Inc. Announces Additional Non-Brokered Private Placement

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused company, is pleased to announce a non-brokered private placement offering of up to 6,451,613 units (the “Units”) at a price of $0.62 per Unit, for aggregate gross proceeds of up to C$4,000,000 (the “Offering”), with an option to increase the Offering by up to 15% (the “Over-Allotment Option”).