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Madison Metals Inc (MMTLF) is a leading company in the metals industry, specializing in the production and distribution of high-quality metals for various applications.
They are known for their innovative approach to metal manufacturing, cutting-edge technologies, and commitment to sustainability.
With a strong financial standing and a focus on customer satisfaction, Madison Metals Inc continues to expand its product range and global presence.
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Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) announces a private placement of units at CDN$0.40 per unit, aiming for up to CDN$500,000 in gross proceeds. Each unit includes one common share and one-half of one common share purchase warrant, with the proceeds intended for property exploration and general working capital.
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Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) announces forward sales agreement with Sanmiguel Capital Investments Ltd. for the RWA Token project. SRK Consulting to deliver NI 43-101-compliant technical report on EPL-8531. Madison to launch an expanded drill program to verify and test geological model at EPL-8531.
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Sanmiguel Capital Investment (Bahamas) Ltd. announced that Uranium3o8 ($U), an asset-backed token backed by uranium, has gone live on Uniswap. Uranium3o8 aims to create the first-ever spot market for uranium, enabling efficient price discovery and dynamic pricing based on actual supply and demand. The token represents one pound of physical uranium, and token holders must meet strict regulatory requirements to take physical delivery of the commodity. With the growing demand for uranium, Uranium3o8 is expected to bring more liquidity to the market, enabling more exploration and mining to occur.
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Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) renews Exclusive Prospecting License 7011 in the Madison North project area, near the Rössing Uranium Mine in Namibia. The renewal solidifies Madison's strategic land positioning and potential for uranium deposits, supported by an NI 43-101 technical report and Environmental Clearance Certificate.
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Madison Metals CEO Duane Parnham acquires 233,000 common shares, now holds 10.6% of the company. Parnham expresses confidence in the direction and value of Madison, citing the uranium market and the company's assets in Namibia.
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Madison Metals provides update on corporate activities and plans for uranium drilling campaign in Namibia
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Uranium3o8 ($U) is the first token physically backed by uranium, aiming to create a global spot market and simplify access to uranium price movements. The token is backed by one pound of uranium through a forward sales agreement. The goal is to meet rising demand, democratize ownership, and enable mining firms to finance operations. Token holders must meet strict regulatory requirements to take physical delivery of uranium. Madison Metals is supplying the uranium from its resources in Namibia, with an initial pledge of 20,000,000 pounds. The tokenization of uranium represents a significant step forward in securing supplies of the valuable commodity.
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Uranium market witnesses robust upswing, Madison's forward sales agreement goes live today
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Madison Metals Inc. has engaged Impact Capital Markets Inc. to provide investor awareness services. Madison recently signed a multi-year, uranium forward-sales agreement and aims to increase engagement with investors. Impact Capital Markets will execute a comprehensive online investor awareness campaign for Madison.
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Madison Metals Inc. has received approval from the Namibian Ministry of Mines and Energy for the transfer of Exclusive Prospecting Licences 8531 and 8115 to PennyWort Investments. Madison will issue 1,066,667 common shares to the vendors and 75,000 common shares to a consultancy advisor.
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FAQ
What is the current stock price of MADISON METALS (MMTLF)?
The current stock price of MADISON METALS (MMTLF) is $0.2165 as of October 15, 2024.
What is the market cap of MADISON METALS (MMTLF)?
The market cap of MADISON METALS (MMTLF) is approximately 5.6M.
What does Madison Metals Inc specialize in?
Madison Metals Inc specializes in the production and distribution of high-quality metals for various applications.
What sets Madison Metals Inc apart?
Madison Metals Inc is known for its innovative approach to metal manufacturing, cutting-edge technologies, and commitment to sustainability.
What is the financial standing of Madison Metals Inc?
Madison Metals Inc has a strong financial standing and continues to expand its product range and global presence.
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