March 23, 2015
Toronto, 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:
| Nominee | Shares Voted For | Shares Withheld |
| Anthony Grey | 51,235,505 (97%) | 1,538,040 (3%) |
| Arni Johannson | 49,196,032 (93%) | 3,577,513 (7%) |
| Douglas Reeson | 51,210,410 (97%) | 1,563,135 (3%) |
| Stewart Taylor | 51,183,419 (97%) | 1,590,126 (3%) |
As previously announced, Sheldon Inwentash and Michael Sweatmanretired as directors and did not stand for re-election at the meeting.
At the meeting, shareholders also approved and confirmed the company'sshareholder rights plan agreement. Confirmation of the by-law regulating the nomination of directors waswithdrawn for consideration by shareholders prior to the meeting, however,because it was apparent that a vote on the by-law would not succeed based uponthe shares voted by proxy in advance of the meeting. The by-law ceased to be effective as oftoday.
Complete voting results of the meeting are available under thecompany's profile on sedar.com.
ABOUTMEGA URANIUMMega Uranium Ltd. is a Toronto-based mineralresources company with a focus on uranium properties in Australia and Canada. Furtherinformation on Mega can be found on the company's website at www.megauranium.com. Forfurther information please contact:
Investor RelationsMega Uranium Ltd.Richard PatricioChief Executive Officer and PresidentT: (416) 643-7630info@megauranium.comwww.megauranium.com