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Mega Uranium Ltd. Completes Sale of Labrador Property

Globe Newswire - Wed May 18, 2022

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, May 18, 2022 (GLOBE NEWSWIRE) -- Mega Uranium Ltd. (MGA: TSX) (“Mega” or the “Company”) announces the closing today of the sale of its 66% interest in the Mustang Lake uranium property located in Labrador, Canada to Labrador Uranium Inc. (“LUR”). The property is subject to a joint venture with Anthem Resources Inc. and was originally acquired by Mega in 2007 via its acquisition of Monster Copper Corporation.

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