Labrador Uranium Inc. (CNSX:LUR) acquired 66% stake in Mustang Lake uranium property in Labrador, Canada from Mega Uranium Ltd. (TSX:MGA) for CAD 2.1 million on May 18, 2022. As consideration for the sale of its interest. Mega received 3 million common shares of LUR and its Chief Executive Officer, Richard Patricio, has been appointed to LUR’s board of directors. Labrador Uranium Inc. (CNSX:LUR) completed the acquisition of 66% stake in Mustang Lake uranium property in Labrador, Canada from Mega Uranium Ltd. (TSX:MGA) on May 18, 2022.