03:34 PM EST - Mega Uranium Ltd. : reported a net loss for the first quarter of $1.1 million or $0.01 per common share, compared to a net loss of $10.4 million or $0.06 per common share in the previous year's quarter. As at December 31, 2009, the company had mineral properties and related expenditures of $300 million, as compared to $295 million as at September 30, 2009, reflecting increased expenditures on its properties in the quarter. Mega Uranium Ltd.
shares T.MGA are trading up $0.01 at $0.62.