News

TORONTO, ONTARIO – January 30, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce the exercise of all remaining warrants with an expiration of January 26, 2023, for a total exercise of 3,832,154 warrants at a strike price of CAD$0.35, adding a total of CAD$1,341,253.90 to the Company treasury.

TORONTO, Nov. 22, 2022 — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”).

TORONTO, ON – November 14, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that it has entered into a binding agreement with an arm’s length vendor to acquire a 90% direct interest in Mining Licence 86A (“ML86A”) and Exclusive Prospecting Licence 8905 (“EPL-8905”) with 10% free carry in favour of the vendor (the “Transaction”). ML86A and EPL-8905 are in the renowned Erongo Uranium Province of Namibia, Africa (Figure 1). Namibia is the world’s second-largest uranium-producing country and holds the world’s fifth-largest uranium total resource.

TORONTO, ON – November 11, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that it has been awarded an Environmental Clearance Certificate (“ECC”) by the Namibian Ministry of Environment, Fisheries and Tourism (“MEFT”) for Exclusive Prospecting Licences 8531 (“EPL-8531”) and 8115 (“EPL-8115”) (collectively referred to hereafter as the “Properties”). The issuance of the ECC is underpinned by the submitted and approved Environmental Impact Assessments (“EIA”) and Environmental Management Plans (“EMP”). The ECC is valid for a period of three years, ending on October 18, 2025.

TORONTO, ONTARIO – October 28, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) announced today its intention to effect a normal course issuer bid (the “NCIB”) through the facilities of the Canadian Securities Exchange.

TORONTO, ON – October 27, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) and Lux Partners Ltd. (“Lux”) are pleased to announce the first capital inflow from the initial first tranche mint launch of the Lux Uranium token, with proceeds totalling net to Madison USD $5.12 million.

TORONTO, ONTARIO – October 25, 2022 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that it has engaged Investor Cubed Inc. (“Investor Cubed”) to provide investor relations and shareholder communications services in Canada.

TORONTO, ONTARIO – October 4, 2022 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce the appointment of Ryan Thompson as the Company’s new Chief Strategy Officer (CSO). Thompson will manage Madison’s relationship with Lux Partners Ltd. (“Lux”) amongst other duties for the Company.

Toronto, ON – September 30, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce the signing of a historic and first-of-its-kind uranium forward sales agreement with Lux Partners Ltd. (“Lux”). Lux operates Lux Network, the first decentralized blockchain integrated with and operated by a network of regulated bank and money transmitter partners. The five-year exclusive supply agreement provides for the delivery of up to 20 million pounds of U3O8 from Madison’s uranium projects in Namibia following the commencement of commercial production. The fulfillment of the U3O8 delivery would back the first-ever uranium-backed non-fungible tokens (“NFTs”).