Madison appoints strategy officer to manage Lux relationship
CSE- and OTCQB-listed mining and exploration company Madison Metals has appointed Ryan Thompson new chief strategy officer.
In his role, Thompson will manage Madison’s relationship with Lux Partners, among other duties.
Madison recently announced a “first-of-a-kind” uranium forward sales agreement with Lux Partners, which operates a decentralised blockchain integrated with and operated by a network of regulated bank and money transmitter partners. The five-year exclusive supply agreement provides for the delivery of up to 20-million pounds of triuranium octoxide (U3O8) from Madison’s uranium projects in Namibia, following the start of commercial production.
The fulfilment of the U3O8 would back the first-ever uranium-backed nonfungible tokens (NFTs).
Starting October 15, via the Lux Market, almost anyone in the world will be able to mint Lux Uranium NFTs.
“I can think of no one better than Ryan to drive Madison’s overall corporate strategy and manage our new relationship with Lux,” said executive chairperson and CEO of Madison Duane Parnham.
“Ryan’s 22 years leading at the intersection of technology, strategy and marketing makes him the perfect choice for the relaunch of one of the world’s most cutting-edge mining companies,” he added.
Thompson has more than 25 years of tech, digital, marketing and public markets experience. His background includes developing investor awareness campaigns for Canopy Growth and Aurora Cannabis. He has worked with more than 50 publicly traded brands, creating investor awareness as managing partner at enPercept. He has also been involved in cryptocurrencies as early as 2013.
Madison has granted 100 000 stock options to Thompson at C$1.16 in accordance with its stock option plan.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
