Madison Metals Inc. is pleased to announce additional assay results from the 2024 surface trench sampling program at the Company's Khan Project in Namibia's highly prospective Erongo uranium province. The first 10 results released on Feb. 7, 2024 included 8.47% U3O8 over one metre in Trench 6 . The new results from Trench 6 have expanded the [...]
Madison Metals Inc. 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 [...]
Madison Metals Inc. is pleased to provide an update on its uranium forward sales agreement with Sanmiguel Capital Investment 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 [...]
Madison Metals Inc. is pleased to announce the listing of the Company's common shares on the Frankfurt Stock Exchange under the trading symbol "4EF0". The Company's shares are also cross-listed on the Canadian Securities Exchange and on the OTC Markets in the United States . The FSE is one of the world's largest international trading centers for [...]
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 [...]