Mega Uranium Announces Release of Unaudited Results

Mega Uranium Ltd., (TSX:MGA) announced that the results for the three months ended December 31, 2012 has already been released, which shows the company had cash equivalent of $6M, compared to $2M from the previous results in September.

As quoted in the press release:

Summary results for the three months ended December 31, 2012, as compared to the three months ended December 31, 2011:

  • Net loss for the three months ended December 31, 2012 was $1.6 million ($0.01 per common share) compared to a net loss of $0.7 million for the three months ended December 31, 2011 ($0.00 per common share).
  • Total general and administrative expenses for the three months ended December 31, 2012 from operations were $1.89 million, as compared to $1.9 million for the three months ended December 31, 2011.

Click here to read the full Mega Uranium Ltd., (TSX:MGA) press release.