Mr. Duane Parnham reports

MADISON METALS OFFICER RESIGNATION

Ryan Thompson has resigned from his position as Madison Metals Inc.'s chief strategy officer, effective immediately. Mr. Thompson will continue to provide advisory services to management.

"The board wishes to thank Mr. Thompson for his valuable contributions to Madison throughout his tenure as chief strategy officer, and the company will still be able to utilize his experience and expertise as he will continue as an adviser to the company," said Duane Parnham, executive chairman and chief executive officer.

Madison remains committed to its vision of fast-tracking uranium production through innovative technologies and modern strategies. The company is confident that this transition will further enhance its ability to deliver value to its shareholders and stakeholders.

About Madison Metals Inc.

Madison Metals is an upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. With over 50 years of mining experience, including 22 years in Namibia, its management team has geological and financial expertise and a record of creating shareholder value.

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