CSE-listed Madison Metals entered into an agreement on September 12 to acquire a 23% interest in mining licence (ML) 121 in Namibia through the acquisition of a 24% ownership interest in Namibia Nuclear Corporation by way of a share purchase agreement. The 24% interest was bought for a combination of $2-million cash and two-million common shares in the capital of Madison Metals, to be paid and issued on the closing date.
