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 [...]
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 [...]
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 [...]
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 [...]
