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T.MGA Increases Private Placement

Mega Uranium Ltd. (MGA: TSX) (“Mega”) is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing to up to 13,636,364 units (the “Units”), at a price of $0.11 per Unit, for aggregate gross proceeds of up to $1,500,000.

All of the other terms of the financing described in Mega’s press release dated August 16, 2018 remain the same and completion of the financing remains subject to the approval of the Toronto Stock Exchange, among other conditions.

ABOUT MEGA URANIUM LTD.

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia and Canada and a portfolio of equity investments in uranium-focused public and private companies. Further information on Mega can be found on the company’s website at www.megauranium.com.

Source: Mega Uranium