Mr. Richard Patricio reports

MEGA ANNOUNCES ELECTION OF DIRECTORS AND CORPORATE UPDATE

At the annual shareholder meeting held earlier today, all of the nominees listed in Mega Uranium Ltd.'s 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 in the attached table.

                         PROXY RESULTS 

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 one-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.