Mega Announces Election of Directors & Corporate Update
TORONTO, ONTARIO--(Marketwired - Mar 19, 2014) - Mega Uranium Ltd. (TSX:MGA) announces that at its annual shareholder meeting held earlier today, all of the nominees listed in its management information circular for the meeting were elected as directors of the company. Each director was elected by a majority of the shareholders by a show of hands. The results of the shares voted by proxy in respect of the election of each director are set out below:
| Nominee | Shares Voted For | Shares Withheld |
| Anthony Grey | 39,235,472 (97.38%) | 1,056,908 (2.62%) |
| Sheldon Inwentash | 38,984,315(96.75%) | 1,308,065 (3.25%) |
| Arni Johannson | 25,697,639 (63.78%) | 14,594,741 (36.22%) |
| Douglas Reeson | 39,142,044 (97.15%) | 1,150,336 (2.85%) |
| Michael Sweatman | 39,052,397 (96.92%) | 1,239,983 (3.08%) |
| Stewart Taylor | 39,255,371 (97.43%) | 1,037,009 (2.57%) |
The company also announces that it has decided not to proceed with the 1-for-10 share consolidation and name change previously approved by shareholders in 2013. Mega's common shares will continue to trade on the Toronto Stock Exchange under the symbol "MGA".
ABOUT MEGA URANIUM
Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Canada and Cameroon. Further information on Mega can be found on the company's website at www.megauranium.com.
Contact
Mega Uranium Ltd. - Investor Relations
Richard Patricio
EVP Corporate Affairs
(416) 643-7630
info@megauranium.com
www.megauranium.com