Mega Uranium Ltd. Releases Results as at and For Three and Six Months Ended March 31, 2006 and Announces Planned 2-For-1 Stock Split

From: CCNMatthews Newswire | Date: May 30, 2006 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - May 30, 2006) -

- Financial results show strong working capital position

- Uranium Drilling and Exploration programmes continue in Australia, Argentina and Mongolia

- 2-for-1 stock split planned

Mega Uranium Ltd. ("Mega") (TSX VENTURE:MGA) today announces its results for the three and six months ended March 31, 2006:

As at March 31, 2006:

- Working capital increased to $16,603,375 as at March 31, 2006 as compared to $12,081,574 as at September 30, 2005;

- Asset value of total mineral properties and related expenditures increased to $17,565,810 as compared to ...

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