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Madison Announces Appointment of Director

Madison Energy Corp. (TSX VENTURE:MDC) ("Madison") is pleased to announce the appointment of Mr. Elias Foscolos of Calgary, Alberta as a new director of Madison. Mr. Foscolos is a former board member of Madison, a board member and President of the general partner of Amalgamated Income Limited Partnership and is currently a director of Seaway Energy Services Inc. and Banff Rocky Mountain Resorts Ltd. Previously, Mr. Foscolos was vice-president of a national investment banking firm.

The Madison board of directors welcomes Mr. Foscolos who will be assisting at the board level with the assessment and evaluation of ongoing strategic opportunities.

SOURCE: Madison Energy Corp.

Madison Energy Corp.
John Murdoch
President and Director
(403) 266-3453

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