Madison Metals Announces Additional Warrant Listing
TORONTO, June 06, 2022 (GLOBE NEWSWIRE) — Madison Metals Inc. (CSE: GREN) (“Madison“or the”Company”) is pleased to announce that the Canadian Securities Exchange (the “CSE”) accepted for listing 5,238,564 ordinary share subscription warrants (theMandates”). The CSE has indicated that the warrants (CUSIP: 55658R133 and ISIN: CA55658R1331) will be listed on the CSE under the symbol GREN.WT from the opening of the market on June 7, 2022. Each warrant can be exercised for one common share of the Company at an exercise price of $0.35 until January 26, 2023.
The warrants are governed by a warrant indenture between the Company and Olympia Trust Company dated May 19, 2022 (the “Deed of mandate”). A copy of the Warrant Indenture is available under the Company’s profile at www.sedar.com. Mandate holders with questions are encouraged to contact Duane Parnham at email@example.com.
About Madison Metals Inc.
Madison Metals Inc is a green energy resource company with experienced management with particular expertise in the uranium mining industry. Madison’s corporate objective is to create value by advancing identified Rossing-type deposits in Canada and Namibia using advanced technology and modern strategies.
Additional information about Madison Metals Inc. can be found at madisonmetals.ca and on the Company’s SEDAR profile at www.sedar.com.
For more information, please contact:
Executive Chairman and CEO
Madison Metals Inc.
Primoris Group Inc.
Neither CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
This press release contains “forward-looking information” within the meaning of applicable securities laws. Any statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some instances, forward-looking information may be identified by words or phrases such as “may”, “will”, “expect”, “probable”, “should”, “would”, “expect”, ” anticipates”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative form of these terms, or other similar words, phrases and grammatical variations, or statements that certain events or conditions “may” or “will” occur, or through policy discussions.
When the Company expresses or implies an expectation or a belief as to future events or results, this expectation or belief is based on assumptions made in good faith and considered to be reasonably valid, in particular that no significant event will occur in outside the normal course of business of the Company. .
However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. These risks include, but are not limited to, the state of the financial markets; risks relating to other unforeseen events, developments or factors causing any of the above expectations, assumptions and other factors to ultimately be inaccurate or irrelevant; and any risks associated with the ongoing COVID-19 pandemic.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as of the date hereof and are based on management’s beliefs, estimates, expectations and opinions as of such date. The Company undertakes no obligation to publicly update or revise these forward-looking statements or any forward-looking statements contained in any other documents, whether as a result of new information, future events or otherwise, or to explain any material difference between actual results subsequent events and such forward-looking information, except as required by applicable securities laws. Readers are cautioned to carefully consider these and other factors, uncertainties and potential events and not to place undue reliance on any forward-looking information.