TORONTO, Canada (July 30, 2015) Mega Uranium Ltd. (TSX: MGA) is pleased to announce that Cameco Australia Pty Ltd ("Cameco"), a wholly owned subsidiary of Cameco Corporation (TSX: CCO, NYSE: CCJ) has earned a 51% interest in Mega's Kintyre Rocks project, located in the East Pilbara region of Western Australia ("Project") and held by Boxcut Mining Pty Ltd ("Boxcut"), a wholly-owned subsidiary of...Read More
NOT FORDISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Canada (July13, 2015) Mega Uranium Ltd. (TSX: MGA) announces the closing today of thefinal tranche of its previously announced non-brokered privateplacement, pursuant to which Mega raised additional gross proceeds of$207,000 from the issuance and sale of 2,300,000 units, at a price of $0.09...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Canada (June 10, 2015) Mega Uranium Ltd. (TSX: MGA) announces the closing today of the first tranche of its previously announced non-brokered private placement (the "Financing"), pursuant to which Mega raised aggregate gross proceeds of $716,400 from the issuance and sale of 7,960,000 unit...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (May 15, 2015) - Mega Uranium Ltd. (MGA: TSX) ("Mega" or the "Company") announces today that it is proposing to complete a non-brokered private placement to sell up to 25,000,000 units (the " Units") at a price of $0.09 per Unit, for aggregate gross proceeds of up to $2,250,000 (t...Read More
March 23, 2015Toronto, Ontario (March 23, 2015) - Mega Uranium Ltd.(TSX: MGA) announces the results of its annual and specialshareholder meeting held earlier today. Each of the nominees listed below was elected as a director by a show ofhands of a majority of the shareholders. The results of the shares voted by proxy in respect of the election ofeach director are:NomineeShares Voted ForShares Wi...Read More
March 19, 2015Toronto, Ontario (March 19, 2015) - Mega Uranium Ltd.(TSX: MGA) announces the retirement of Sheldon Inwentash as Chairman and amember of the company's board of directors, effective today.The company also announces that Michael Sweatman haschosen not to stand for re-election as a director at the company's upcomingannual and special meeting of shareholders.Mr Inwentash and Mr. Sweatman...Read More
Toronto,Canada (March 6, 2015) - Mega Uranium Ltd. (MGA: TSX) ("Mega" or the "Company") announces that its board of directors has completed areview and rationalization process aimed at increasingefficiencies and reducing costs within its senior management team, resulting inthe promotion of Mr. Richard Patricio to the role of Chief Executive Officerand President of Mega.Messrs. Sheldon Inwentash an...Read More
Toronto,Canada (February 13, 2015) - Mega Uranium Ltd. (MGA: TSX) announces that its board of directors has approved a newby-law establishing a framework for advance notice of nominations ofdirectors by the company's shareholders. The by-lawreflects current corporate governance practices and is similar to the advancenotice by-laws adopted by many Canadian public companies.The new by-law contains...Read More
Toronto, Canada (July 7, 2014) - Mega Uranium Ltd. (MGA-TSX) ("Mega") announces that on July 4, 2014, it acquired ownership of 3,571,428 common shares ("Common Shares") and 3,571,428 common share purchase warrants (the "Warrants") of Macusani Yellowcake Inc. ("Macusani") representing approximately 4.2% of the total issued and outstanding common shares of Macusani as of July 4, 2014. As a result...Read More
March 19, 2014TORONTO, Ontario (March 19, 2014) - Mega Uranium Ltd. (TSX:MGA) announcesthat at its annual shareholder meeting held earlier today, all of the nomineeslisted in its management information circular for the meeting were elected asdirectors of the company. Each directorwas elected by a majority of the shareholders by a show of hands. The results of the shares voted by proxy inrespec...Read More
TORONTO, Ontario (January 30, 2014) - On July11, 2013 Mega Uranium Ltd. (TSX:MGA) ("Mega"or the "Company") announcedthat it had entered into a non-binding farm in and joint venture terms sheet ("TermsSheet") with Cameco Australia Pty Ltd ("Cameco"), a wholly owned subsidiary ofCameco Corporation (TSX: CCO, NYSE: CCJ), in respect of certain grantedtenements and tenement applications that comprise M...Read More
Toronto, Canada (January 17, 2014) - Mega Uranium Ltd. (MGA-TSX) ("Mega") announces that on January 17, 2014, it acquired ownership of 2,759,807 common shares ("Common Shares") of Bayswater Uranium Corporation ("Bayswater"), representing approximately 11.5% of the total issued and outstanding common shares of Bayswater as of January 17, 2014, pursuant to a private transaction.These transactions we...Read More
TORONTO, Ontario (November 19, 2013) - Mega Uranium Ltd. (TSX:MGA)("Mega" or the "Company") ispleased to announce that it has closed the previously announced sale of its LakeMaitland Uranium Project ("Lake Maitland")in Western Australia to Toro Energy Limited ("Toro") (ASX:TOE) for 415 million fully paid ordinary shares in thecapital of Toro (the "Transaction"),representing approximately 28% of th...Read More
TORONTO, Ontario (September 24, 2013) - Mega Uranium Ltd.(TSX:MGA) ("Mega" or the "Company")announces the termination of its arrangement agreementdated August 13, 2013 with Rockgate Capital Corp. in respect of their proposed merger.Megawas informed by Rockgate that a formal takeover bid for all of Rockgate's outstandingcommon shares has been made by Denison Mines Corp., which the board ofdirectors...Read More
TORONTO,ON and VANCOUVER, BC - August 14, 2013. Mega Uranium Ltd. ("Mega") (TSX:MGA) and Rockgate Capital Corp. ("Rockgate")(TSX:RGT) are pleased to announce that they have entered into a definitivearrangement agreement (the "Arrangement Agreement") with respect to their mergerpreviously announced on June 6, 2013 (the "Merger"). The Merger will be completed by way of an arrangement underthe Busine...Read More
TORONTO, Ontario (August 13, 2013) - Mega Uranium Ltd. ("Mega")(TSX: "MGA") announces its results for the three and nine months ended June 30,2013.SUMMARYFINANCIAL RESULTSAs at June 30, 2013,the Company had mineral properties and related expenditures of $71.7 million ascompared to $129 million as at September 30, 2012. Also as at June 30, 2013Company had cash and cash equivalent of $2 million as c...Read More
TORONTO, Ontario (August 12, 2013) - Mega Uranium Ltd. (TSX:MGA)("Mega" or the "Company") is pleased to announce thatit has entered into a binding term sheet with Toro Energy Limited ("Toro") (ASX:TOE) to sell its LakeMaitland Uranium Project ("Lake Maitland")in Western Australia to Toro for 415 million ordinary shares of Toro (the "Transaction"). Upon completion of theTransaction, Mega will own a...Read More
TORONTO, Ontario (July 11, 2013) - Mega Uranium Ltd. (TSX:MGA) ("Mega" or the "Company") is pleased to announce that it has entered into a non-binding farm in and joint venture term sheet ("Term Sheet") with Cameco Australia Pty Ltd ("Cameco"), a wholly owned subsidiary of Cameco Corporation (TSX:CCO, NYSE:CCJ), in respect of certain granted tenements and tenement applications that comprise Mega's...Read More
TORONTO, ON and VANCOUVER, BC - June 6, 2013. Mega Uranium Ltd. ("Mega") (TSX:MGA) and Rockgate Capital Corp. ("Rockgate")(TSX:RGT) are pleased to announce that they have entered into a binding letterof intent (the "LOI") to combine the two companies (the "Merger") and create a diversifieduranium company with advanced uranium assets in Australia and Mali, a pro formacash balance of approximately $...Read More
TORONTO, Ontario (May 14, 2013) - Mega Uranium Ltd. ("Mega")(TSX: "MGA") announces its results for the three and six months ended March 31,2013.SUMMARYFINANCIAL RESULTSAs at March 31, 2013, the Company hadmineral properties and related expenditures of $131 million as compared to $129million as at September 30, 2012. Long term investments at fair value totaled $5.6million as compared to long term a...Read More