Madison Metals Shares Commence Trading on the OTCQB Venture Market in the United States as ‘MMTLF’
Madison Metals Shares Commence Trading on the OTCQB Venture Market in
the United States as ‘MMTLF’
TORONTO, ON – September 29, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE:
GREN) is pleased to announce that its common shares have been approved for trading on the
OTCQB Venture Market in the United States under the symbol (OTCQB: MMTLF). Trading
commences on September 29, 2022. Investors in the US can find current financial disclosure and
Real-Time Level 2 quotes in US currency for the Company on www.otcmarkets.com.
The Company has applied for DTC eligible to facilitate trading, settlement and clearance of its
common shares in the US and expects approval shortly.
The OTCQB Venture Market is the premier marketplace for entrepreneurial and development
stage U.S. companies that are committed to providing a high-quality trading and information
experience for investors. To be eligible, companies must be current in their financial reporting,
pass a minimum bid price test, and undergo an annual company verification and management
certification process. The OTCQB quality standards provide a strong baseline of transparency, as
well as the technology and regulation to improve the information and trading experience for
investors.
About Madison Metals Inc.
Madison Metals Inc (CSE: GREN) (OTCQB: MMTLF) is a Canadian 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 Rössing-type uranium deposits
identified in Kenora, Ontario, Canada and Namibia, Africa 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:
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.