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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 28, 2023

MEGA URANIUM ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

Toronto, Ontario (March 28, 2023) – 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 44,732,802 (53%) 39,728,426 (47%)

Larry Goldberg 63,340,252 (75%) 21,120,976 (25%)

Arni Johannson 59,867,058 (71%) 24,594,170 (29%)

Douglas Reeson 78,798,778 (93%) 5,662,450 (7%)

Stewart Taylor 78,815,278 (93%) 5,645,950 (7%)

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 the Georgetown

uranium propert y in Australia and a portfolio of equity investments in uranium -focused public and

private companies . Further information on Mega can be found on t he 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