Critical One Energy Inc.

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Stay updated with the latest press releases and news, reflecting Critical One Energy's ongoing developments and achievements in the uranium sector.

Madison Metal Mining Location
News

Press Releases

Browse through our press releases archive to uncover Critical One Energy's milestones and strategic updates, filterable for your convenience by category and date.
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Madison and Lux Announce Mutual Termination of Partnership

TORONTO, ONTARIO – April 28, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) and Lux Partners Limited (“Lux”) announced today that they have agreed to mutually terminate their partnership, effective immediately. This decision was made due to the challenging market conditions and climate, which have made it difficult to continue the partnership.
Technology
Strategic Partnerships
April 28, 2023
2023

Madison Metals Extends Closing of Khan Uranium Project in Namibia

TORONTO, ONTARIO – April 27, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that the Company and an arm’s length vendor have mutually agreed to extend the closing of the Khan Project agreement covering Mining Licence 86A (“ML86A”) and Exclusive Prospecting Licence 8905 (“EPL-8905”) in Namibia. ML86A and EPL-8905 are key strategic licences to expand Madison’s land holdings around producing uranium mines in the Namibian province of Erongo. Together, they form a contiguous land package of 7.86 km2 immediately southwest of the Rössing Mine.
Namibia
Madison West Project
April 27, 2023
2023

Madison Metals Opens Second Channel for Uranium Token Sales

TORONTO, ONTARIO – April 25, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that the Company is in discussions with a development group about issuing a newly listed fungible token (FT) backed by Madison’s uranium resource. The fungible token aims to increase liquid transactions and contract tracing while opening a second channel of asset sales.
Strategic Partnerships
Technology
April 25, 2023
2023

Madison Provides Notice to Investor Cubed of Contract Termination

TORONTO, ONTARIO – April 20, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) has issued a non-renewal notice to Neil Simon of Investor Cubed and received confirmation that their service will terminate on April 27, 2023.
Corporate
Strategic Partnerships
April 20, 2023
2023

Madison Metals to Webcast Live Presentation at VirtualInvestorConferences.com on February 14, 2023

TORONTO, Feb. 09, 2023 — Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that Duane Parnham, Executive Chairman and CEO, will present live at VirtualInvestorConferences.com on February 14, 2023. The Company invites individual and institutional investors, as well as advisors, analysts, and reporters covering the uranium market, to attend its real-time presentation to learn about:
Events
February 9, 2023
2023

Madison Metals Announces Exercise of Warrants

TORONTO, ONTARIO – January 30, 2023 – Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce the exercise of all remaining warrants with an expiration of January 26, 2023, for a total exercise of 3,832,154 warrants at a strike price of CAD$0.35, adding a total of CAD$1,341,253.90 to the Company treasury.
Corporate
Financial Updates
January 30, 2023
2023

Madison Metals Announces DTC Eligibility Allowing for Electronic Settlement of Trades in the United States

TORONTO, Nov. 22, 2022 — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”).
Corporate
November 22, 2022
2022

Madison to Acquire Additional Mining and Exclusive Prospective Licences in Namibia’s Renowned Uranium Province

TORONTO, ON – November 14, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that it has entered into a binding agreement with an arm’s length vendor to acquire a 90% direct interest in Mining Licence 86A (“ML86A”) and Exclusive Prospecting Licence 8905 (“EPL-8905”) with 10% free carry in favour of the vendor (the “Transaction”). ML86A and EPL-8905 are in the renowned Erongo Uranium Province of Namibia, Africa (Figure 1). Namibia is the world’s second-largest uranium-producing country and holds the world’s fifth-largest uranium total resource.
Madison West Project
Namibia
November 14, 2022
2022

Madison Uranium Projects Awarded Namibian Environmental Clearance Certificate, Drilling Program Preparations Underway

TORONTO, ON – November 11, 2022 – Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that it has been awarded an Environmental Clearance Certificate (“ECC”) by the Namibian Ministry of Environment, Fisheries and Tourism (“MEFT”) for Exclusive Prospecting Licences 8531 (“EPL-8531”) and 8115 (“EPL-8115”) (collectively referred to hereafter as the “Properties”). The issuance of the ECC is underpinned by the submitted and approved Environmental Impact Assessments (“EIA”) and Environmental Management Plans (“EMP”). The ECC is valid for a period of three years, ending on October 18, 2025.
Madison North Project
Madison West Project
Namibia
November 11, 2022
2022