Madison Metals is pleased to announce the closing of its non-brokered private placement. The Company issued 1,598,996 units at a price of $0.60 per Unit for gross proceeds of $959,398. Each Unit issued consists of one common share and one half of one common share purchase warrant. Each Warrant entitles its holder to purchase one common share for a period of two years from the date of issuance (the “Warrant Expiry Date [...]
Madison Metals is pleased to announce the delineation of two new uranium anomalies at its Rössing North Uranium Project in Namibia. Additionally, Madison is making ongoing exploration progress on its Exclusive Prospecting License 7011, a major untested anomaly adjacent to the Rössing Uranium Mine in the renowned Erongo uranium province of Namibia. “These very encouraging results have confirmed the expected high potential [...]
Madison Metals is pleased to announce that the 2021 field exploration season identified follow-up drill targets to further confirm and expand on the Rössing geological model for uranium deposits thought to exist on the Kenora project. The highest uranium values from the channel samples were collected from the Bee Lake Area with the highest being:
Madison Metal is pleased to announce that the CSE has accepted for listing 5,238,564 common share purchase warrants. The CSE has advised that the Warrants will be listed for trading on the CSE under the symbol GREN.WT effective at market open on June 7, 2022. Each Warrant is exercisable for one common share of the Company at an exercise price of $0.35 until January 26, 2023. The Warrants are governed by a warrant [...]
Madison Metals is pleased to announce that it has engaged Primoris Group Inc. to provide media and IR services to the Company. Primoris is a full-service communications agency. Primoris will provide the Company with a full range of IR and media relations services under the leadership of its principals, including the coordination of editorial coverage through print, radio, TV and online media outlets.
The common shares of Madison Metals have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Madison Metals Inc. is green energy resource company with experienced management having particular expertise in the uranium mining industry. Our corporate objective is to build value by advancing Rossing type deposits identified in Canada and Namibia by [...]
Madison Metals Inc. is pleased to announce that it has entered into an agreement with Cormark Securities, on behalf of a syndicate of agents, pursuant to which the Agents have agreed to carry out a best efforts private placement of subscription receipts of the Company for gross proceeds of C$10 million. The Company intends to use the net proceeds of the Offering for exploration expenditures at its Kenora uranium project [...]
Madison Metals Inc. is pleased to announce it has entered into a binding letter of intent with Giraffe Energy Investments Close Corporation and Otjiwa Mining and Prospecting Close Corporation to contemplate the acquisition of 85% interest in 3 separate concessions named the R?ssing North Uranium Project. This project is located in the Erongo Province, Namibia Africa, which hosts renowned uranium deposits such as the [...]
Madison Metals Inc. is pleased to announce that it has closed its previously announced acquisition from 2160083 Ontario Inc. of a 100% interest in Richard Lake Uranium Project consisting of approximately 1,411 unpatented mineral claims located around Kenora, Ontario. The consideration for the Acquisition consisted of 8,000,000 common shares in the capital of the Company . The Consideration Shares are subject to certain [...]
Madison Metals Inc. is pleased to announce the closing of its non-brokered private placement first announced on June 30, 2021. The Company issued 5,238,654 units at a price of $0.25 per Unit for gross proceeds of $1,309,663.50. Each Unit issued consists of one common share and one common share purchase warrant . Each Warrant entitles its holder to purchase one common share for a period of eighteen months from the date of [...]
Madison Metals Inc. announces that, further to its news release of June 30, 2021, effective as of Friday July 16, 2021, the Company will consolidate its common shares on the basis of 12.465 pre-consolidation common shares for each one post-consolidation common share . The Company's new ISIN is CA55658R2081 and its new CUSIP is 55658R208. The Company's name will remain unchanged following the Consolidation. The [...]
Madison Metals Inc. announced today that further to the distribution resolution adopted by shareholders at its special meeting dated June 22, 2020, it has initiated a procedure to distribute the securities of American Pacific Mining Corp. securities it received in connection with the sale of the Madison Project to APM. Shareholders of record as of June 26, 2020 are asked to complete a shareholder declaration in the form [...]