Matador Technologies Amends Convertible Note Facility to Expand At ...

(PR-inside.com) Key Highlights Expanded Equity Capacity: Amendment No. 2 introduces an alternative permitted at the market framework under the Company's US$100 million secured convertible note facility with a US based institutional investor. Contractual Bitcoin Allocation: An amount equal to 10 percent of the net proceeds of every qualifying sale of common shares will be applied to purchase Bitcoin, deposited as additional Bitcoin collateral within five business days following the end of the calendar month in which the sale settled. Approval and Ratification: The Amendment has received the conditional approval of the TSX Venture Exchange. All other terms of the securities purchase agreement and the ..