Mega Uranium Ltd. (MGA.TO) announced the closing of its public offering of units. An aggregate of 58.824 million units were sold under the offering at C$0.85 per unit, for gross proceeds of C$50,000,400 to the company. Each unit is comprised of one common share and one-half of one common share purchase warrant of Mega. Each whole warrant entitles the holder to acquire one common share, at C$1.25, until October 26, 2014.
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