Matador plans to issue 900 million CAD in securities to strengthen its Bitcoin ecosystem layout.

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On July 14, according to reports, the Bitcoin ecosystem company Matador Technologies Inc. (TSXV:MATA, OTCQB:MATAF, FSE:IU3) announced that it has submitted a preliminary short form base prospectus (referred to as "base prospectus") to the securities commissions of various provinces in Canada (excluding Quebec).

The framework prospectus is pending approval from regulatory authorities. If approved, the final version of the framework prospectus will allow Matador to issue common shares, debt securities, warrants, subscription receipts, unit securities, or any combination thereof (collectively referred to as "securities") for a total amount not exceeding CAD 900 million within 25 months on an intermittent basis. Specific issuance details will be disclosed through supplementary documents submitted by the company to the relevant Canadian securities regulatory authorities.

The company's management believes that the framework prospectus will help the company efficiently raise funds to seize future growth opportunities, implement strategic acquisitions, and increase its Bitcoin reserve assets.

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MemecoinTradervip
· 07-17 05:39
bullish signals everywhere... time to accumulate while normies sleep
Reply0
ShibaOnTheRunvip
· 07-17 03:46
Tsk, just buy it!
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WhaleWatchervip
· 07-16 17:08
Bitcoin is stabilizing.
View OriginalReply0
ChainWallflowervip
· 07-15 10:39
Here we go again, Be Played for Suckers.
View OriginalReply0
MysteryBoxOpenervip
· 07-14 12:12
Stop chasing the tiger, it's not worth it.
View OriginalReply0
MevHuntervip
· 07-14 12:12
The crypto world suckers are bullish.
View OriginalReply0
DefiPlaybookvip
· 07-14 12:11
Again, they are going to issue coin to play people for suckers, right?
View OriginalReply0
UncleWhalevip
· 07-14 11:57
Slamming in nine hundred million? Steady.
View OriginalReply0
OnchainDetectiveBingvip
· 07-14 11:50
This wave is bullish
View OriginalReply0
SleepyArbCatvip
· 07-14 11:43
I'm so tired that I could fall asleep, but I'm very clear-headed about this.
View OriginalReply0
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