Mega Uranium Ltd. announced the retirement of Sheldon Inwentash as chairman and a member of the company's board of directors. The company also announced that Michael Sweatman has chosen not to stand for re-election as a director at the company's upcoming annual and special meeting of shareholders. Mr. Inwentash and Mr. Sweatman have been long-serving and dedicated directors.

Management will not be putting nominees forward for election in place of Mr. Inwentash or Mr. Sweatman at the shareholders' meeting. The number of directors to be elected at the meeting will be set at four, with the remaining incumbent nominees disclosed in the company's management information circular in respect of the meeting standing for election.