Madison Metals Inc. is pleased to announce further developments regarding its forward sales agreement with Sanmiguel Capital Investments Ltd., an international banking organization responsible for the provisioning of the RWA Token project. In support of the token redemption protocol, Madison may execute uranium spot market purchases; build an [...]
Madison Metals Inc. is pleased to announce the renewal of Exclusive Prospecting License 7011 in the Madison North project area, adjacent to the globally acclaimed Rössing Uranium Mine in the renowned Erongo uranium province of Namibia, Africa. This renewal is significant for Madison's portfolio as the Company holds an 85% interest in EPL-7011 and [...]
Madison Metals Inc. is pleased to announce that Executive Chairman and CEO Duane Parnham has acquired 233,000 of the Company's common shares on the open market . Prior to the Acquisition, Mr. Parnham held 1,890,000 common shares in Madison. As a result of the Acquisition, Mr. Parnham now holds a total of 2,123,000 common shares, representing [...]
Madison Metals Inc. is pleased to provide an update on its corporate activities, which continue to be influenced by favourable uranium market conditions. With initial funds now being realized from the Company's forward sales agreement, Madison has the additional capital to further its main objective of advancing its flagship uranium assets in [...]
Madison Metals Inc. is pleased to announce that the uranium market has witnessed a robust upswing this year, with prices soaring over 20% in 2023, scaling over US$62 per pound for the first time since 2011. The surge has vastly outperformed other metals markets, signaling a bull phase for the sector. Key factors driving the uranium market [...]
Madison Metals Inc. is pleased to announce that it has engaged Impact Capital Markets Inc. to provide investor awareness services to the Company. Impact Capital Markets is a full-service marketing agency that provides investor awareness campaigns. "This is a particularly exciting time for Madison. With the recent signing of our multi-year, uranium [...]
Madison Metals Inc. is pleased to announce that the Company has received approval from the Namibian Ministry of Mines and Energy for the transfer of Exclusive Prospecting Licences 8531 and 8115 to PennyWort Investments Ltd, which is majority-owned by Madison with the Company's Namibian partners . As outlined in Madison's press release dated [...]
Madison Metals Inc. is pleased to announce the signing on May 30, 2023 of a multi-year uranium forward sales agreement with an international banking organization . The ten-year supply agreement provides for the commitment and delivery of the first 20 million pounds of U3O8 from Madison's in the ground resources. The IBO will facilitate market [...]
Madison Metals Inc. is pleased to announce that the Company has signed, on May 16, 2023, a binding joint venture agreement for its Richard Lake Property in Kenora, Ontario, Canada with Great Northern Energy Metals Inc. , a well-capitalized private British Columbia-registered company. "We look forward to supporting Great Northern Energy Metals in [...]
Madison Metals Inc. and Lux Partners Limited announced today that they have agreed to mutually terminate their partnership, effective immediately. This decision was made due to the challenging market conditions and climate, which have made it difficult to continue the partnership. One of the contributing factors to this decision were developments [...]
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 [...]
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 [...]
