Madison Metals Engages Market One Media Group for Marketing Services

TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that it has entered into a media services agreement (the "Agreement") with Market One Media Group ("Market One"). Located in Vancouver and Toronto, Market One is a multiplatform media solution for the capital markets operating in editorial, video and digital media. The media message is distributed via broadcast, digital and social media channels, including media platforms such as BNN Bloomberg.

Madison has engaged Market One to broaden messaging with the strategic intent of driving shareholder value. This initiative aims to enhance investor engagement and confidence by effectively communicating the Company's advancements in its maiden drill program at the Khan Project. The drill program aims to confirm the continuity of high-grade uranium surface samples and expand mineralization at depth.

"We are thrilled to announce the engagement of Market One Media Group, a collaboration that comes at a pivotal moment following our recent high-grade uranium discoveries,” said Ryan Thompson, Chief Strategy Officer of Madison Metals. “Together, we will amplify and effectively communicate Madison’s upcoming corporate milestones. We are confident that this enhanced investor engagement strategy will significantly elevate our visibility and drive shareholder value as we advance our projects in Namibia, Africa."

Market One's engagement is for a term of 12 months. Market One will provide services including editorial and video. The Company will pay Market One a fee of CDN$100,000 plus goods and services tax for the services provided. Market One does not provide investor relations or market-making services.

There are no performance factors contained in the agreement and Market One will not receive common shares or options as compensation. Further, Market One and the Company are unrelated and unaffiliated entities and, at the time of the agreement, neither Market One nor any of its principals have an interest, directly or indirectly, in the securities of the Corporation.

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.