TORONTO, ONTARIO--(Marketwire - May 1, 2008) - Mega Uranium Ltd. (TSX:MGA) ("Mega") and Energentia Resources Inc. (TSX VENTURE:ENR) ("Energentia") are pleased to announce that Mega's proposed acquisition of Energentia was approved by Energentia shareholders at a special meeting held earlier today.

Under the terms of the acquisition, which will be effected by way of a three-cornered amalgamation, shareholders of Energentia will be entitled to receive one common share of Mega in exchange for every ten common shares of Energentia held immediately prior to the amalgamation. Subject to the satisfaction or waiver or any remaining closing conditions, it is expected that the amalgamation will become effective on May 6, 2008.

Trading in the common shares and warrants of Energentia on the TSX Venture Exchange will cease as of the close of business on May 2, 2008 and the securities will be de-listed from the exchange upon completion of the acquisition. Stock options and warrants of Energentia outstanding following completion of the acquisition will be adjusted to provide for the purchase of common shares of Mega in lieu of Energentia common shares (based upon the one-for-ten exchange ratio), upon the due exercise thereof.

Certificates evidencing the common shares of Mega to which the (former) registered shareholders of Energentia will be entitled will be mailed by Equity Transfer & Trust Company commencing on or about May 8, 2008.

About Mega Uranium

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Canada, Argentina, Bolivia, Colombia, Mongolia and Cameroon. Further information on Mega can be found on the company's website at www.megauranium.com. Mega Uranium's Australian uranium properties, including without limitation Ben Lomond, Maureen and Lake Maitland, are subject to State policies which presently prohibit the mining of uranium.

About Energentia Resources

Energentia is a uranium exploration and development company with interests in a number of uranium exploration properties located in Colombia.