Madison Metals Inc. is pleased to announce that the Company and an arm's length vendor have mutually agreed to extend the closing of the Khan Project agreement covering Mining Licence 86A and Exclusive Prospecting Licence 8905 in Namibia. ML86A and EPL-8905 are key strategic licences to expand Madison's land holdings around producing uranium mines in the Namibian province of Erongo. Together, they form a contiguous land [...]
Madison Metals Inc. is pleased to announce that the Company is in discussions with a development group about issuing a newly listed fungible token backed by Madison's uranium resource. The fungible token aims to increase liquid transactions and contract tracing while opening a second channel of asset sales. Additionally, FT token sales are anticipated to contribute significant cash to Madison's treasury and will be [...]
Madison Metals Inc. has issued a non-renewal notice to Neil Simon of Investor Cubed and received confirmation that their service will terminate on April 27, 2023. About Madison Metals Inc. Madison Metals Inc. is an upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. Using cutting-edge technologies and modern strategies, Madison Metals Inc. is positioned to move advanced [...]
Madison Metals Inc. 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. "I want to thank our existing shareholders for their continued support of Madison Metals. We are pleased to add this capital to the Company's already strong treasury [...]
Madison Metals Inc. 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 eligibility is expected to simplify the process of trading and enhance liquidity of Madison shares in the United States. The Company's shares recently began trading on the OTCQB® Venture Market under the ticker symbol MMTLF. DTC is a [...]
Madison Metals Inc. 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 and Exclusive Prospecting Licence 8905 with 10% free carry in favour of the vendor . ML86A and EPL-8905 are in the renowned Erongo Uranium Province of Namibia, Africa . Namibia is the world's second-largest uranium-producing country and holds the world's [...]
Madison Metals Inc. is pleased to announce that it has been awarded an Environmental Clearance Certificate by the Namibian Ministry of Environment, Fisheries and Tourism for Exclusive Prospecting Licences 8531 and 8115 . The issuance of the ECC is underpinned by the submitted and approved Environmental Impact Assessments and Environmental Management Plans . The ECC is valid for a period of three years, ending on October [...]
Madison Metals Inc. announced today its intention to effect a normal course issuer bid through the facilities of the Canadian Securities Exchange. Pursuant to the NCIB, Madison may, during the 12-month period commencing on October 28, 2022 and ending on October 28, 2023, purchase on the Canadian Securities Exchange up to an aggregate of approximately 940,000 of Madison's common shares, representing approximately 5% of [...]
Madison Metals Inc. and Lux Partners Ltd. 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. The initial sales have exceeded all Lux projections as the non-fungible tokens continue to offer an exceptional value proposition, price discovery and transparency for exposure to uranium at a marginal [...]
Madison Metals Inc. is pleased to announce that it has engaged Investor Cubed Inc. to provide investor relations and shareholder communications services in Canada. "Working with several established players, Madison has rolled out an aggressive awareness program to raise its profile through media and investor communities. We believe adding Investor Cubed to the team will further increase our ability to introduce Madison to [...]
Madison Metals Inc. is pleased to announce the appointment of Ryan Thompson as the Company's new Chief Strategy Officer . Thompson will manage Madison's relationship with Lux Partners Ltd. amongst other duties for the Company. "I am honored to be joining the Madison team. It is a privilege to be part of a future-thinking organization that is working to apply innovative solutions to the world's energy crisis," said [...]
Madison Metals Inc. is pleased to announce the signing of a historic and first-of-its-kind uranium forward sales agreement with Lux Partners Ltd. . 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 [...]