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TORONTO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV:MATA)(OTCQB:MATAF)(FSE:IU3), the Bitcoin Ecosystem Company, today announced that it has received conditional acceptance from the TSX Venture Exchange (the “Exchange”) in respect of a proposed amendment to the Company's articles (the “Amendment”) to create a new class of an unlimited number of preferred shares (the “Preferred Shares”). The Exchange acknowledged receipt of the Company's submission dated August 19, 2026 and issued its conditional acceptance on August 25, 2026.

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.

Summary:  Matador generated gross proceeds of approximately $1.1 million under its ATM Program during the reporting period ended July 31, 2026, bringing aggregate gross proceeds since the program commenced to approximately $2.3 million. Capital deployment via the ATM Program continues to support Bitcoin acquisition and, on a parallel basis, the Company's Bitcoin yield generation strategy conducted in collaboration with Galaxy.