Mega Uranium Ltd.
TSX : MGA

Mega Uranium Ltd.

January 17, 2007 14:22 ET

Mega Uranium Grants Options to Directors and Officers

TORONTO, ONTARIO--(CCNMatthews - Jan. 17, 2007) - Mega Uranium Ltd. ("Mega") (TSX:MGA) wishes to announce that it has granted a total of 2,125,000 options to certain directors, officers and consultants of Mega. The options are exercisable at $6.46 per share and are for a term of five years.

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Argentina, Mongolia, Bolivia and Canada. Further information on Mega can be found on the company's website at www.megauranium.com. Mega Uranium's Australian uranium properties, including without limitation the Ben Lomond and Maureen properties, are subject to state policies which presently prohibit the mining of uranium in Australia.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information