Madison Metals Inc.

News

Stay updated with the latest press releases and news, reflecting Madison Metals' ongoing developments and achievements in the uranium sector.

Madison Metal Mining Location
News

Press Releases

Browse through our press releases archive to uncover Madison Metals' milestones and strategic updates, filterable for your convenience by category and date.
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Madison Metals Announces Non-Brokered Private Placement

Corporate
Financial Updates
March 12, 2024
2024

Madison Metals Returns 8.47% U3O8 in High-Grade Uranium Discovery at Khan Project in Namibia

February 7, 2024 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce a momentous breakthrough with the discovery of high-grade uranium mineralization at Anomaly 5, located within the Company’s Khan Project at Madison West in Namibia’s highly prospective Erongo uranium province. These remarkable findings, which include a surface sample of 8.47% U3O8, represent a significant expansion of new uranium mineralization, extending Madison’s footprint and project pipeline.
Namibia
Exploration
Madison West Project
February 7, 2024
2024

Madison Metals Provides Update for its Uranium Forward Sales Agreement with Sanmiguel Capital Investment

TORONTO, ON – January 22, 2024 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to provide an update on its uranium forward sales agreement with Sanmiguel Capital Investment (Bahamas) Ltd., a financial advisory firm assisting with the administration. Since November 2023, Madison Metals has successfully received funds for its first tranche of the Company’s forward sales agreement, at an average price of US$68 per lb. This achievement underscores the uranium agreement’s effectiveness in securing favorable pricing, well above the contractual established US$45 price floor. As there is no price ceiling, Madison’s forward sales agreement provides upside potential for advantageous pricing as the market continues to surge. The significant flexibility of the forward sales agreement allows the Company to adapt and capitalize on the uranium market’s upward price trajectory.
Financial Updates
Strategic Partnerships
Technology
January 24, 2024
2024

Madison Metals Announces Frankfurt Stock Exchange Listing

TORONTO, ON – December 15, 2023 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce the listing of the Company’s common shares on the Frankfurt Stock Exchange (“FSE“) under the trading symbol “4EF0“. The Company’s shares are also cross-listed on the Canadian Securities Exchange (CSE: GREN) and on the OTC Markets in the United States (OTCQB: MMTLF).
Corporate
December 15, 2023
2023