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MEGA Uranium Announces Results of Annual Shareholder Meeting

Shareholder Meetings

PRESS RELEASE

PRESS RELEASE

MEGA URANIUM LTD.: “MGA” (TSX)

FOR IMMEDIATE RELEASE: March 25, 2020

MEGA URANIUM ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

Toronto, Ontario (March 2 5, 2020) – 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 urani um

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: (416) 643-7630

[email protected]

www.megauranium.com