March 19, 2014
TORONTO, 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 inrespect 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 companyalso announces that it has decided not to proceed with the 1-for-10 shareconsolidation and name change previously approved by shareholders in 2013. Mega's common shares will continue to tradeon the Toronto Stock Exchange under the symbol "MGA".
ABOUTMEGA URANIUM
Mega Uranium Ltd. is a Toronto-based mineralresources company with a focus on uranium properties in Australia, Canada andCameroon. Further information on Mega can be found on the company's website atwww.megauranium.com.
For further information, please contact:
Investor Relations Mega Uranium Ltd. Richard Patricio EVP Corporate Affairs T: (416) 643-7630 info@megauranium.comwww.megauranium.com