MEGA URANIUM ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) -- Mega Uranium Ltd. (TSX: MGA) announces the results of its annual shareholder meeting held earlier today.  Each of the nominees listed below was elected as a director by a show of hands of the majority of shareholders.  The results of the shares voted in person or by proxy in respect of the election of each director are:

Nominee	Shares Voted For	Shares Withheld
Albert Contardi	20,172,509 (91.43%)	1,890,952 (8.57%)
Larry Goldberg	20,258,459 (91.82%)	1,805,002 (8.18%)
Arni Johannson	20,241,854 (91.74%)	1,821,607 (8.26%)
Douglas Reeson	14,812,851 (67.14%)	7,250,610 (32.86%)
Stewart Taylor	20,248,887 (91.78%)	1,814,574 (8.22%)

At the meeting, shareholders also appointed Ernst & Young LLP as the company’s auditors, to hold office until the next annual meeting.

Complete voting results of the meeting are available under the company’s profile on sedar.com.

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. 

For further information please contact:

Mega Uranium Ltd.                                                                            
Richard Patricio                                                                  
Chief Executive Officer and President                                           
T: [phone]                                                                              
[e-mail]
www.megauranium.com