On January 13, 2015, Joseph Gallo consented to and was appointed as an additional director of Madison. Also, on January 13, 2015, Frank McEnulty resigned as the Chief Financial Officer, Corporate Secretary, and as a director of Madison. Also, on January 13, 2015, Mr. Gallo consented to and was appointed the Chief Executive Officer, the Chief Financial Officer and the Corporate Secretary of Madison by the board of directors.

The board of directors of Madison currently consists of Joseph Gallo as the sole director and as the Chief Executive Officer, the Chief Financial Officer and the Corporate Secretary of Madison. Joseph Gallo (56 years old) has been a director and officer of Madison since January 2015. During the last five years Mr. Gallo he has devoted his time to developing his residential construction and rehabilitation business (d/b/a Solid Construction) that he founded and has run since 1992.

During the past three years, Mr. Gallo has also served as a director of the following listed companies: Madison Explorations Inc.