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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:59 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

mega uranium ltd (MGA) Snapshot

Previous Close
Day High
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52 Week High
09/8/14 - C$0.27
52 Week Low
04/17/15 - C$0.07
Market Cap
Average Volume 10 Days
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Current Stock Chart for MEGA URANIUM LTD (MGA)

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mega uranium ltd (MGA) Details

Mega Uranium Ltd. focuses on the acquisition, exploration, and development of uranium properties in Canada, Australia, and Africa. The company’s principal properties include uranium resource projects and interests in exploration properties covering approximately 5,800 square kilometers of ground in Queensland, Southern Australia, the Northern Territory, and Western Australia. Its uranium projects include Ben Lomond and Georgetown projects. Mega Uranium Ltd. also holds interests in base and precious metals exploration properties in Canada. The company was formerly known as Maple Minerals Corp. and changed its name to Mega Uranium Ltd. in October 2005. Mega Uranium Ltd. was incorporated in 1990 and is headquartered in Toronto, Canada.

4 Employees
Last Reported Date: 12/19/14
Founded in 1990

mega uranium ltd (MGA) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$250.0K
Chief Financial Officer
Total Annual Compensation: C$145.0K
Executive Vice President of Australia
Total Annual Compensation: C$476.8K
Compensation as of Fiscal Year 2014.

mega uranium ltd (MGA) Key Developments

Mega Uranium Ltd. Announces Directorate Retirements

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 and the board of directors wishes to thank them both for their contributions. 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.

Mega Uranium Ltd. Announces Management Changes

Mega Uranium Ltd. announced that its board of directors has completed a review and rationalization process aimed at increasing efficiencies and reducing costs within its senior management team, resulting in the promotion of Mr. Richard Patricio to the role of Chief Executive Officer and President of Mega. Messrs. Sheldon Inwentash and Stewart Taylor, the previous Chief Executive Officer and President, respectively, have resigned from those executive positions allowing for Mr. Patricio's appointment, but remaining in their roles as Chair and director of the company, respectively.

Mega Uranium Ltd. Proposes New By-Law

Mega Uranium Ltd. announced that its board of directors has approved a new by-law establishing a framework for advance notice of nominations of directors by the company's shareholders. The by-law reflects current corporate governance practices and is similar to the advance notice by-laws adopted by many Canadian public companies. The new by-law contains advance notice provisions for nominations of directors by shareholders in circumstances other than pursuant to a requisition of a meeting or a shareholder proposal made pursuant to the provisions of the Business Corporations Act (Ontario). The new by-law is effective immediately but is subject to confirmation by shareholders at the annual and special shareholder meeting to be held on March 23, 2015.


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