Mega Uranium Reports Net Loss of $2.6 Million for Q1

Mega Uranium Ltd.  (TSX:MGA) announced their financial results for Q1 2013 as well as for the six months ending March 31, 2013.

As quoted in the press release:

As at March 31, 2013, the Company had mineral properties and related expenditures of $131 million as compared to $129 million as at September 30, 2012. Long term investments at fair value totaled $5.6 million as compared to long term and short term investments of $16.6 million as at September 30, 2012. Also as at March 31, 2013 Company had cash and cash equivalent of $3.4 million as compared to $2 million as at September 30, 2012.

To view the whole press release, click here.