Madison Metals Closes Second Tranche of Non-Brokered Private Placement
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TORONTO, April 17, 2024 (GLOBE NEWSWIRE) — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB:MMTLF) (FSE: 4EF0) is pleased to announce that, further to its press releases dated March 12, 2024, March 25, 2024 and April 5, 2024, it has issued 860,000 units (the “Units”) at a price of CDN$0.35 per unit for aggregate gross proceeds of CDN$301,000 in connection with the second tranche of a private placement (the “Private Placement”). The first tranche of the Private Placement consisted of the issuance of 3,069,600 Units on March 25, 2024 for aggregate gross proceeds of CDN$1,074,360.
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