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Matador Technologies Inc. Announces At-The-Market Equity Program to Support Strategic Bitcoin Accumulation
Not for distribution to United States newswire services or for dissemination in the United States...
About this update from Matador Technologies Inc.
[{"type":"text","content":"Matador Technologies Inc. Announces At-The-Market Equity Program to Support Strategic Bitcoin AccumulationNot for distribution to United States newswire services or for dissemination in the United States.This news release constitutes a \"designated news release\" for the purposes of the Company's prospectus supplement dated February 3, 2026 to its short form base shelf prospectus dated January 28, 2026 (for Quebec and the Territories) and its amended and restated short form base shelf prospectus dated January 28, 2026 amending and restating the short form base shelf prospectus dated December 22, 2025 (for all provinces of Canada other than Quebec) TORONTO, ON / ACCESS Newswire / February 3, 2026 / Matador Technologies Inc. (TSXV:MATA)(OTCQB:MATAF)(FSE:IU3) (\"Matador\" or the \"Company\"), the Bitcoin Ecosystem Company, today announced that it has entered into an equity distribution agreement (the \"Equity Distribution Agreement\") with ATB Cormark Capital Markets (the \"Agent\").Under the Equity Distribution Agreement, the Company may offer and sell common shares of the Company (\"Common Shares\") to raise aggregate gross proceeds of up to C$30 million pursuant to an \"at-the-market\" equity program (the \"ATM Program\"). The Common Shares will be sold by the Company to the public from time to time, through the Agent, at the Company's discretion, at the prevailing market price at the time of sale, all in accordance with the terms and conditions of the Equity Distribution Agreement.The establishment of the ATM Program provides Matador with a flexible capital raising tool. This programmatic optionality is specifically designed to allow the Company to align capital inflows with favorable Bitcoin market conditions, efficiently deploying proceeds to accumulate assets during periods of price dislocation. This agility is a key component of Matador's strategy to reach its target of holding 1,000 Bitcoin in treasury by the end of 2026. In addition to direct treasury expansion, the Company intends to utilize proceeds to fund its strategic investment in HODL Systems, to repay indebtedness outstanding from time to time, to complete future acquisitions and for general working capital purposes.\"To accumulate significant treasury assets, we must be able to act decisively when market conditions are most favorable,\" said Mark Moss, Chief Visi...