Madison Metals Announces Frankfurt Stock Exchange Listing

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce the listing of the Company's common shares on the Frankfurt Stock Exchange ("FSE") under the trading symbol "4EF0". The Company's shares are also cross-listed on the Canadian Securities Exchange (CSE: GREN) and on the OTC Markets in the United States (OTCQB: MMTLF).

The FSE is one of the world's largest international trading centers for securities. Operated by the Deutsche Boerse AG, the FSE is the largest of Germany's seven stock exchanges, and is responsible for approximately 90 percent of all securities traded in Germany. The FSE facilitates advanced electronic trading, settlement and information systems and enables cross-border trading for international investors.

Duane Parnham, Executive Chairman and CEO of Madison Metals, emphasizes the importance of this listing, stating, “Madison’s presence in Europe on the FSE will allow our strategic partnership with Euroswiss Equity Group to broaden our investor reach and enhance liquidity, all while we persist in advancing our strategic asset portfolio, which includes our Madison North and Madison West projects in Namibia’s highly prospective Erongo uranium province."

About Madison Metals Inc.

Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is an upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. With over 50 years of mining experience, including 22 years in Namibia, its management team has geological and financial expertise and a track record of creating shareholder value.

Additional information about Madison Metals Inc. can be found at madisonmetals.ca and on the Company’s SEDAR+ profile at www.sedarplus.ca.

For further information, please contact:
Duane Parnham
Executive Chairman & CEO
Madison Metals Inc.
[phone]
[e-mail]

Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
[phone]
[e-mail]  

Euroswiss Equity Group:
Florian Munsch
Euroswiss Equity Group
Tel: [phone]
[e-mail]

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the fulfillment of terms of the forward-sales agreement; the issuance of common shares of Madison; and the proposed future exploration and drilling by Madison.