Mega Uranium Ltd.

Website Links

Description

TORONTO, Ontario (January 30, 2014) - On July 11, 2013 Mega Uranium Ltd. (TSX:MGA) (“Mega” or the “Company”) announced that it had entered into a non-binding farm in and joint venture terms sheet (“Terms Sheet”) with Cameco Australia Pty Ltd (“Cameco”), a wholly owned subsidiary of Cameco Corporation (TSX: CCO, NYSE: CCJ), in respect of certain granted tenements and tenement applications that comprise Mega’s Kintyre Rocks project, located in the East Pilbara region of Western Australia (“Project”).

Mega Uranium Ltd. is a Canadian mineral resources company listed on the TSX, with a focus on uranium. Mega has exposure to uranium projects world-wide, both through equity investments in uranium companies, and through its ownership of advanced pre-feasibility stage and exploration projects in Australia, Canada and Cameroon. Further information on Mega can be found on the company’s website at www.megauranium.com .

Mega Uranium Ltd. is a Canadian-based mineral resources mining company focused on exploring global uranium properties, with uranium resources and exploration projects in Australia, Canada and Cameroon. Our international team of uranium mining and exploration experts, led by President Stewart Taylor, work together to continually expand our portfolio of mineral properties. The international management team, led by CEO Sheldon Inwentash in Toronto, has a proven track record of raising capital and making strategic acquisitions of junior uranium exploration and uranium mining companies.

Mega Uranium's vision is to become a mid-tier producer of uranium through the development of its advanced Lake Maitland Project in Western Australia. At Mega we are committed to discovering new sources of uranium - the clean fuel of today and tomorrow.

Products & services

Similar companies nearby