Madison Metals Engages Primoris Group for Media and Investor Relations
Madison Metals Engages Primoris Group for Media and Investor Relations
TORONTO, ON – May 16, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) is
pleased to announce that it has engaged Primoris Group Inc. (“Primoris”) to provide media and investor
relations (IR) services to the Company. Primoris is a full-service communications agency.
Primoris will provide the Company with a full range of IR and media relations services under the
leadership of its principals, including the coordination of editorial coverage through print, radio, TV and
online media outlets.
“We are excited to be once again working with Primoris, which has a long history of success working
with our management team, Madison’s shareholders and other mining industry ventures,” said Duane
Parnham, Executive Chairman and CEO of Madison. “We believe Primoris will play a key role in raising
our profile through the media and investor communities. Their strong knowledge of our existing
shareholder base is expected to be particularly impactful in broadening investor relationships and
further strengthening shareholder confidence as we continue to advance our uranium projects in
Canada and Namibia.”
Under the terms of Madison’s agreement with Primoris, which commenced May 16, 2022 for a one-year
period, Primoris will execute a comprehensive communications program to support the Company's
growth strategy, for which it will be paid a fee of $8,000 per month. Primoris has also been granted
options to purchase 150,000 common shares of the Company exercisable for a period of five years from
the date of issuance (the "Options"). The Options will vest immediately and are subject to regulatory
approval.
The agreement between the Company and Primoris is renewable and can be terminated by either party
on 30 days written notice. The agreement between the Company and Primoris and the grant of the
Options are subject to regulatory approval.
About Madison Metals Inc.
Madison Metals Inc is green energy resource company with experienced management having particular
expertise in the uranium mining industry. Madison’s corporate objective is to build value by advancing
Rossing-type deposits identified in Canada and Namibia by utilizing cutting-edge 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 further information, please contact:
Primoris Group Inc.
+1 416.489.0092
Media:
Adam Bello
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 press release contains forward-looking statements. Forward-looking statements involve known and
unknown risks, uncertainties and assumptions and accordingly, actual results and future events could
differ materially from those expressed or implied in such statements. You are hence cautioned not to
place undue reliance on forward-looking statements. All statements other than statements of present or
historical fact are forward-looking statements, and include but are not limited to statements with
respect to the Offering, the prospectus qualification, the CSE listing, the Rossing North acquisition, and
the use of proceeds from the Offering. Forward-looking statements include words or expressions such as
“proposed”, “will”, “subject to”, “near future”, “in the event”, “would”, “expect”, “prepared to” and
other similar words or expressions. Factors that could cause future results or events to differ materially
from current expectations expressed or implied by the forward-looking statements include general
business, economic, competitive, political and social uncertainties; the state of capital markets; risks
relating to (i) the parties ability to close the Offering, (ii) the ability of the Company to satisfy the Escrow
Release Conditions, (iii) delay or failure to receive board, shareholder, regulatory or court approvals,
wherever applicable, or any other conditions precedent to the completion of the transaction, (iv) failure
to realize the anticipated benefits of the Offering, the CSE listing and the Rossing North acquisition, (v)
other unforeseen events, developments, or factors causing any of the aforesaid expectations,
assumptions, and other factors ultimately being inaccurate or irrelevant; and any risks associated with
the ongoing COVID-19 pandemic. You can find further information with respect to these and other risks
in filings made with the Canadian securities regulatory authorities that are available at www.sedar.com.
The Company disclaims any obligation to update or revise these forward-looking statements, except as
required by applicable law.