Madison Metals Appoints Ryan Thompson as Chief Strategy Officer
Madison Metals Appoints Ryan Thompson as Chief Strategy Officer
TORONTO, ONTARIO – October 4, 2022 – Madison Metals Inc. (the “Company” or “Madison”)
(CSE: GREN) (OTCQB: MMTLF) is pleased to announce the appointment of Ryan Thompson as the
Company’s new Chief Strategy Officer (CSO). Thompson will manage Madison’s relationship with
Lux Partners Ltd. (“Lux”) amongst other duties for the Company.
“I am honored to be joining the Madison team. It is a privilege to be part of a future-thinking
organization that is working to apply innovative solutions to the world’s energy crisis,” said
Thompson. “Madison is guided by a purpose – to make a positive impact in the uranium and
broader mining market while creating undeniable shareholder value. I will serve by empowering
our organization to make a difference while sharing Madison’s mission with the world.”
“I can think of no one better than Ryan to drive Madison’s overall corporate strategy and manage
our new relationship with Lux,” said Duane Parnham, Executive Chairman and CEO of Madison
Metals. “Ryan’s 22 years leading at the intersection of technology, strategy and marketing makes
him the perfect choice for the relaunch of one of the world’s most cutting-edge mining
companies.”
Thompson brings over a quarter century of tech, digital marketing and public markets experience
to his role as CSO of Madison. His background includes developing investor awareness campaigns
for Canopy Growth and Aurora Cannabis, amongst others. Thompson has worked with over 50
publicly traded brands, creating investor awareness as managing partner at enPercept. He has
also been involved in cryptocurrencies as early as 2013.
In connection with his appointment, Madison has granted 100,000 stock options to Thompson at
$1.16 CAD in accordance with the Company’s stock option plan. The options carry a term of five
years and vest immediately.
About Madison Metals Inc.
Madison Metals Inc (CSE: GREN) (OTCQB: MMTLF) is an upstream mining and exploration
company focused on sustainable uranium production in Namibia and Canada. Using cutting-edge
technologies and modern strategies, Madison Metals is positioned to move advanced uranium
assets to market quickly.
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.sedar.com.
For further information, please contact:
Duane Parnham
Executive Chairman & CEO
Madison Metals Inc.
+1 (416) 489-0092
Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
Neither the CSE 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 timing and amount of estimated future exploration and the anticipated use of funds
by the Company that were received from the Placement.
Generally, forward-looking statements can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “schedule”,
“estimates”, “forecasts”, “intends”, “continue”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements that certain actions, events or
results “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved”.
Forward-looking statements are made based upon certain assumptions and other important facts
that, if untrue, could cause the actual results, performance or achievements of the Company to
be materially different from future results, performances or achievements expressed or implied
by such statements. Such statements and information are based on numerous assumptions
regarding present and future business strategies and the environment in which the Company will
operate in the future.
Certain important factors that could cause actual results, performances or achievements to differ
materially from those in the forward-looking statements include, amongst others, currency
fluctuations, the global economic climate, dilution, share price volatility, competition, labour
shortages, and unanticipated expenses of the Company. Forward-looking statements are subject
to known and unknown risks, uncertainties and other important factors that may cause the actual
results, level of activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking statements, including but not limited to:
the impact the COVID 19 pandemic may have on the Company’s activities and the economy in
general; the impact of the recovery post COVID 19 pandemic and its impact on precious metals;
receipt of necessary approvals; general business, economic, competitive, political and social
uncertainties; future metal prices; accidents, labour disputes and shortages; environmental risks;
and other risks of the mining industry.
Although the Company has attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
You can find further information with respect to these and other risks in filings made with the
Canadian securities regulatory authorities that are available on the Company’s SEDAR profile
page at www.sedar.com. The Company disclaims any obligation to update or revise these
forward-looking statements, except as required by applicable law.