Madison Announces Completion of Initial Public Offering

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MADISON CAPITAL CORPORATION. (TSX VENTURE:MDC.P) (the "Corporation" or
"Madison"), a capital pool company, is pleased to announce that it has completed
its initial public offering of 6,000,000 common shares at the price of $0.10 per
common share and has filed for listing as a Capital Pool Company on the TSX
Venture Exchange. Mackie Research Capital Corporation acted as agent on the
offering. The common shares of Madison are expected to commence trading on the
TSX Venture Exchange during the week of November 28, 2011 under the trading
symbol "MDC.P".


As a result of the closing of this offering, Madison now has 8,100,000 common
shares issued and outstanding (2,100,000 of which are subject to escrow
restrictions), 600,000 common shares reserved for issuance upon the exercise of
agent's options granted upon completion of the IPO and 810,000 common shares
reserved for issuance upon the exercise of stock options.


Madison's board of directors and management team is comprised of the following
individuals: Ted Rousseau (President, CEO, CFO and a director), Tom Lloyd
(Director), Ed Zrubak (Director) and Cynthia Solano (Corporate Secretary).