Golden Matrix Group, Inc. announced that it has entered into a Securities Purchase Agreement with Lind Global Asset Management VIII LLC , pursuant to which the Company issued to the Investor a secured, two-year, interest free convertible promissory note in the principal amount of $12,000,000 and a common stock purchase warrant to acquire 750,000 shares of common stock of the Company for the gross proceeds of $12,000,000 on July 2, 2024. In connection with the issuance of the Note and the Warrant, the Company paid a $250,000 commitment fee to the Investor.