Madison Energy Corp.

Madison Energy Corp.

December 01, 2009 18:33 ET

Madison Energy Corp. Announces Grant of Options

CALGARY, ALBERTA--(Marketwire - Dec. 1, 2009) - Madison Energy Corp. ("Madison") (TSX VENTURE:MDC) announces the grant of 40,000 options to a director of the Corporation at an exercise price of $0.15 per share. The options expire on November 30, 2014 and have a four-month hold expiring on April 1, 2010.

Common shares of the Company trade on the TSX Venture Exchange under the trading symbol "MDC".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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