Mega Uranium Ltd. Announces Director Retirements

March 19, 2015 / www.megauranium.com / Article Link

March 19, 2015

Toronto, 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 have been long-servingand dedicated directors and the board of directors wishes to thank them bothfor their contributions.

Management will not be putting nominees forward forelection in place of Mr. Inwentash or Mr. Sweatman at the shareholders'meeting. The number of directors to beelected at the meeting will be set at four, with the remaining incumbentnominees disclosed in the company's management information circular in respectof the meeting standing for election.

ABOUTMEGA URANIUM

Mega 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 Relations Mega Uranium Ltd. Richard Patricio Chief Executive Officer and President T: (416) 643-7630 info@megauranium.comwww.megauranium.com

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