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Madi Grants Options

Share Capital & Compensation

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

MADI MINERALS LTD.

201-10 WANLESS AVENUE

TORONTO, ON, M4N 1V6

Madi Minerals Grants 500,000 Stock Options @ $0.055

Vancouver, British Columbia, December 13th, 2022: Madi Minerals Ltd. (the "Company" or "Madi

Minerals") (CSE: MADI) announces that it has granted 500,000 incentive stock options to insiders

of the Company in accordance with the Company’s current stock option plan. Each option is

exercisable into one common share of the Company at a price of $0. 055 per share for a period of

five years from the date of grant.

About Madi Minerals Ltd.

Madi Minerals is engaged in the business of mineral exploration and the acquisition of mineral

property assets in North America for the benefit of its stakeholders.

On Behalf of the Board of Directors

Ross Mitgang

Chief Executive Officer, President and Director

Email: [email protected]

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the

adequacy or accuracy of this news release.

This Press Release may contain forward -looking statements that may involve a number of risks and

uncertainties, based on assumptions and judgments of management regarding future events or results that may

prove to be inaccurate as a result of exploration and other risk factors beyond its control. Actual events or results

could differ materially from the Companies forward looking statements and expectations. These risks and

uncertainties include, among other things, that we may not be able to obtain regulatory approval; that

we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may

not be able to organize and carry out an exploration program in 2022, and other risks associated with

being a mineral exploration and development company. These forward-looking statements are made as of

the date of this news release and, except as required by applicable laws, the Company assumes no obligation

to update these forward -looking statements, or to update the reasons why actual results differed from those

projected in the forward-looking statements.