Mega Uranium Releases Unaudited Results

Mega Uranium reports its unaudited results for the three and six months ended March 31, 2010.

As at March 31, 2010, the Company had mineral properties and related expenditures of $290.5 million, as compared to $295 million as at September 30, 2009. The decrease is due to write downs of mineral properties of $9.2 million, utilization of $5.4 million of funds received under the JAURD Agreement, which are recorded as a reduction from mineral properties, offset by exploration expenditures of $10.2 million in Australia, Cameroon and Canada.

For complete news release, click here.

For Mega Uranium’s company profile, click here.