Golden Matrix Group, Inc. (NasdaqCM:GMGI) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its common stock. The repurchase program will be funded using the Company?s working capital.

All shares purchased by the Company under the stock repurchase program will be retired and returned to treasury. The program will expire on July 25, 2025, when a maximum authorized amount has been repurchased, or when such program is discontinued by the Board of Directors. As of June 30, 2024, the Company had 120,801,977 shares of common stock issued and outstanding.