Madison Metals Inc.

Madison Metals Inc. is a Canada-based upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. The Company is engaged in the business of exploring and developing mineral properties. The Company’s exploration and evaluation assets comprise properties located in Kenora, Ontario (the Kenora Uranium Project) and Erongo Province, Namibia, Africa (the Rossing Project). The Company owns a 100% interest in the Richards Lake Uranium Project located around Kenora, Ontario. The Rossing North Uranium Project is located in the Erongo Province, Namibia, Africa. It owns an 85% undivided interest in Exclusive Prospecting Licenses (EPL) 8531 and 8115. These licenses are located in Erongo Uranium Province of Namibia, Africa, where Madison holds rights to EPL-7011 (85% interest). EPL-8531 is located approximately 50 kilometers (km) west of the Rossing Uranium Mine. EPL-8115 is located about 18 km southwest of the Rossing Uranium Mine.