Mega Uranium Mining & Exploration in  Canada, Cameroon, Australia, Argentina, Bolivia, Columbia and Mongolia.

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Mega Uranium Ltd.
211 Yonge Street, Suite 502
Toronto, Ontario, Canada
M5B 1M4

Phone 416.643.7630
Fax 416.941.1090
 

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2004 News Releases

Maple Minerals Corp.'s Results for Six Months Ended March 31, 2004


May 26, 2004

For the six months ended March 31, 2004 (compared with March 31, 2003):

  • Revenue (comprised of interest income) increased to $6,023 for the six months ended March 31, 2004 as compared to nil for the six months ended March 31, 2003;
     
  • Operating, general, and administrative expenses increased to $99,600 for the six months ended March 31, 2004 as compared to $20,595 in the same period of 2003;
     
  • There were no properties that lapsed or were abandoned during the six months ended March 31, 2004 as compared to write-off of mineral properties and related expenditures of $4,758 for the six months ended March 31, 2003;
     
  • Stock-based compensation increased to $40,226 as compared to nil for the six months ended March 31, 2004;
     
  • Net loss was $133,803 ($0.015 per share) for the six months ended March 31, 2004 as compared to $25,353 ($0.004 per share) for the six months ended March 31, 2003.

Maple Minerals Corp. (TSXV: MPM) is a Toronto based resource company with properties in Africa, Canada and the Dominican Republic. For more information about Maple, please visit the company’s website at www.mapleminerals.com.

This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Maple’s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Maple disclaims any intent or obligation to update these forward-looking statements.

The TSX Venture Exchange does not take responsibility for the adequacy or accuracy of this release.

Contact:

Sylvain Amyot
Major Account Executive
samyot@TheStreetIR.com
514-448-2246