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MADISON METALS INC - $MMTLF STOCK NEWS

Welcome to our dedicated page for MADISON METALS news (Ticker: $MMTLF), a resource for investors and traders seeking the latest updates and insights on MADISON METALS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MADISON METALS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MADISON METALS's position in the market.

News
Madison Metals Engages Market One Media Group for Marketing Services
Rhea-AI Summary

Madison Metals Inc. engages Market One Media Group for marketing services to enhance investor engagement and communication regarding high-grade uranium discoveries at the Khan Project. The collaboration aims to drive shareholder value and visibility in the capital markets.

Rhea-AI Impact
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-6.79%
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Madison Metals Outlines Priority Uranium Drill Targets at Khan Project in Namibia, Africa
Rhea-AI Summary
Madison Metals Inc. provides an update on the geologic mapping and surveying program at the Khan Project in Namibia's Erongo uranium province. The company outlines priority drill targets, identifies mineralized surface lithologies, and reports positive surface sample assays at Anomaly 5. The results show an increased surface expression of radiometric D-type leucogranites, with uranium grades above 0.1% U3O8.
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1.93%
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Madison Metals Returns 2.78% U3O8 Over 4 Metres From Trench Sampling at Khan Project in Namibia, Africa
Rhea-AI Summary
Madison Metals Inc. announces positive assay results from the 2024 surface trench sampling program at the Khan Project in Namibia, showing high-grade uranium mineralization. The assays confirm the surface continuity of mineralized alaskites at Anomaly 5, with uranium grades above 0.1% U3O8 identified across six of the seven sampled trenches. Madison is encouraged by the discovery and plans to conduct a maiden drilling program to identify similar mineralization at depth. The Company's structural interpretation suggests significant mineralization potential below the high-grade U3O8 results at the surface.
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Madison Metals Returns 8.47% U3O8 in High-Grade Uranium Discovery at Khan Project in Namibia
Rhea-AI Summary
Madison Metals Inc. has made a significant uranium discovery at Anomaly 5, with a surface sample of 8.47% U3O8 and an average of 1.33% U3O8. The discovery is within trucking distance to an existing processing facility, on a licensed mining site, and requires minimal capital to expedite production. The company's current exploration work follows initial fieldwork to ground-truth airborne radiometric anomalies. Madison Metals is positioned to become a key player in the uranium market.
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Madison Metals Provides Update for its Uranium Forward Sales Agreement with Sanmiguel Capital Investment
Rhea-AI Summary
Madison Metals Inc. provides an update on its uranium forward sales agreement with Sanmiguel Capital Investment (Bahamas) Ltd. Madison successfully received funds for its first tranche at an average price of US$68 per lb, well above the contractual established US$45 price floor. The forward sales agreement provides upside potential for advantageous pricing as the market continues to surge, with the uranium market experiencing an 88% spot price increase in 2023 and an additional 10% increase in the first two weeks of 2024. Madison's strategic mining assets in Namibia position it as a leading upstream explorer and developer in the uranium industry, set to capitalize on the global energy market shift towards sustainable energy.
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Madison Metals Announces Frankfurt Stock Exchange Listing
Rhea-AI Summary
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) announces the listing of its common shares on the Frankfurt Stock Exchange, facilitating cross-border trading for international investors. Executive Chairman and CEO Duane Parnham highlights the strategic importance of this listing for broadening investor reach and enhancing liquidity, while advancing the company's strategic asset portfolio in Namibia's highly prospective Erongo uranium province.
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Madison Metals Identifies High-Grade Uranium at Khan Project in Namibia
Rhea-AI Summary
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) provides an update on the Khan Project at Madison West in Namibia's Erongo uranium province. The project has high potential for high-grade uranium discoveries, with the recent exploration activities focusing on untested radiometric anomalies and understanding the geological setting. Anomaly 5, a prominent regional high-uranium and high-uranium/thorium anomaly, is a key focus area for the Company's 2024 drilling program.
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Madison Metals Closes Fully Subscribed Private Placement For $500,000 Comprised of $460,000 Cash and $40,000 Debt and Announces Option Grant
Rhea-AI Summary
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) issued 1,150,000 units at $0.40 per unit, raising $460,000 in a private placement. Duane Parnham, the Chairman and CEO, and Ryan Thompson, the Chief Strategy Officer, received 100,000 units as payment for debt. The company also announced a 10.6% ownership of Common Shares by Mr. Parnham and plans to grant stock options for 100,000 Common Shares to a consultant.
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Madison Metals Engages Euroswiss Equity Group for European Investor Relations
Rhea-AI Summary
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) announces a strategic partnership with Euroswiss Equity Group to enhance business development and investor relations in Europe. Euroswiss, a market entry specialist, will facilitate connections with European investors, solidifying Madison's position in the uranium mining and exploration sector.
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End-of-Day
5.7%
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Madison Metals Proposes Strategic Private Placement of Units
Rhea-AI Summary
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) announces a private placement of units at CDN$0.40 per unit, aiming for up to CDN$500,000 in gross proceeds. Each unit includes one common share and one-half of one common share purchase warrant, with the proceeds intended for property exploration and general working capital.
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MADISON METALS INC

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MMTLF Stock Data

7.70M
26.90M
12.59%
Uranium
Energy
Link
United States of America
Toronto