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MGA.TO ·

Mega Uranium Ltd. Announces Appointment of CFO

Management Changes

PRESS RELEASE

MEGA URANIUM LTD.: “MGA” (TSX)

FOR IMMEDIATE RELEASE: December 21, 2015

MEGA URANIUM LTD. ANNOUNCES APPOINTMENT OF CFO

TORONTO, Ontario (December 21, 2015) – Mega Uranium Ltd. (“Mega”) (TSX: MGA) announces that Carmelo Marrelli has been appointed as the company’s Chief Financial Officer effective December 31, 2015. Mr. Marrelli will succeed Gerry Feldman, who has resigned from the position to pursue other interests. The board of directors thanks Mr. Feldman for his years of service to the Company, and wishes him well in his future endeavours.

Mr. Marrelli is a Certified Public Accountant in Ontario and a principal of Marrelli Support Services Inc., a firm specializing in providing administration services to Canadian public companies. He also acts as CFO for several other public companies.

ABOUT MEGA URANIUM

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia and Canada. 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: (416) 643-7630 [email protected] www.megauranium.com

The Uranium Leader TM