Madison Metals Announces Second Tranche of Non-Brokered Private Placement and Amended Offering Document
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TORONTO, April 05, 2024 (GLOBE NEWSWIRE) — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB:MMTLF) (FSE: 4EF0) is pleased to announce that it intends to proceed with the second tranche of a private placement financing of units (the “Units”) in the capital of the Company at a price of CDN$0.35 per Unit. The private placement was initially announced in a press release of the Company on March 12, 2024, and on March 25, 2024 the Company announced the closing of the first tranche of the private placement by way of the issuance of 3,069,600 Units for gross proceeds of CDN$1,074,360. It is expected that the second tranche will close on or before April 12, 2024. The private placement is subject to a maximum offering size of CDN$2,500,000.
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