Critical One Energy - MMTLF STOCK NEWS

Madison Metals provides update on corporate activities and plans for uranium drilling campaign in Namibia

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.

Uranium market witnesses robust upswing, Madison's forward sales agreement goes live today

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.

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.

Madison Metals Inc. has signed a binding joint venture agreement with Great Northern Energy Metals Inc. for its Richard Lake Property in Kenora, Ontario. GNEM will pay Madison C$50,000 on signing and incur C$900,000 in exploration over three years to earn a 60% interest. Madison will retain a 40% free-carry interest in the project.

Madison Metals Inc. (CSE: GREN, OTCQB: MMTLF) announced an extension of the closing date for the Khan Project agreement, which includes key Mining Licence 86A and Exclusive Prospecting Licence 8905 in Namibia. These licences expand Madison's land holdings near significant uranium mines in Erongo province, forming a contiguous land package of 7.86 km² close to the Rössing Mine. The company has made advanced payments of US$125,000 for the project, which is aimed at sustainable uranium production. Encouraging results from initial ground prospecting will be released after data analysis. Namibia is a leading uranium-producing country with robust mining infrastructure to support operations.