-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Qen1ycB4fNNvpItoJTmhEij6zMp8upz3NMEa0QP4ElNd3BwgjOe0UQGxWumtBNQB
 oaDuv72Lx5sTXcLKovqViw==

<SEC-DOCUMENT>0001483393-10-000001.txt : 20100205
<SEC-HEADER>0001483393-10-000001.hdr.sgml : 20100205
<ACCEPTANCE-DATETIME>20100205130216
ACCESSION NUMBER:		0001483393-10-000001
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100205
DATE AS OF CHANGE:		20100205
EFFECTIVENESS DATE:		20100205

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEGA Brands Inc.
		CENTRAL INDEX KEY:			0001483393
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138497
		FILM NUMBER:		10576516

	BUSINESS ADDRESS:	
		STREET 1:		4505 HICKMORE
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H4T 1K4
		BUSINESS PHONE:		(514) 333-5555

	MAIL ADDRESS:	
		STREET 1:		4505 HICKMORE
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H4T 1K4
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001483393</cik>
        <entityName>MEGA Brands Inc.</entityName>
        <issuerAddress>
            <street1>4505 HICKMORE</street1>
            <city>MONTREAL</city>
            <stateOrCountry>A8</stateOrCountry>
            <zipCode>H4T 1K4</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(514) 333-5555</issuerPhoneNumber>
        <jurisdictionOfInc>CANADA (FEDERAL LEVEL)</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Mega Bloks Inc.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Victor</firstName>
                <middleName>J.</middleName>
                <lastName>Bertrand</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Marc</firstName>
                <lastName>Bertrand</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Vic</firstName>
                <lastName>Bertrand</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Keith</firstName>
                <middleName>B.</middleName>
                <lastName>Bowman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Nicola</firstName>
                <lastName>Di lorio</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Paul</firstName>
                <lastName>Rivett</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sharon</firstName>
                <lastName>Ranson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Benn</firstName>
                <lastName>Mikula</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <lastName>Ferrante</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anthony</firstName>
                <lastName>Bazan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jean-Francois</firstName>
                <lastName>Albert</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <lastName>Girgis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michel</firstName>
                <lastName>Moggio</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michel</firstName>
                <lastName>Bendayan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4505 Hickmore</street1>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <zipCode>H4T 1K4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Manufacturing</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-01-28</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isDebtType>true</isDebtType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Class A and Class B Subscription Receipts, which upon satisfaction of certain conditions will automatically convert into common shares, debentures and warrants, as applicable.</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>GMP Securities L.P.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Griffiths McBurney Corp.</associatedBDName>
                <associatedBDCRDNumber>40620</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>145 King Street West</street1>
                    <street2>Suite 300</street2>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M5H 1J8</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>NY</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>6305843</totalOfferingAmount>
            <totalAmountSold>4023367</totalAmountSold>
            <totalRemaining>2282476</totalRemaining>
            <clarificationOfResponse>The Total Offering Amount equals the aggregate subscription price, plus the aggregate exercise price of the warrants, which might not be exercised. CDN$ have been converted to US$ based on the Bank of Canada noon rate on 1/28/2010 of CDN$1.00 = US$0.9396.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>241402</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>50% of the sales commission was payable at closing, and 50% of the sales commission is payable upon satisfaction of certain conditions. CDN$ have been converted to US$ based on the Bank of Canada noon rate on 1/28/2010 of CDN$1.00 = US$0.9396.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>MEGA Brands Inc.</issuerName>
                <signatureName>Mark P. Girgis</signatureName>
                <nameOfSigner>Mark P. Girgis</nameOfSigner>
                <signatureTitle>Vice-President, Legal Affairs and Corporate Secretary</signatureTitle>
                <signatureDate>2010-02-05</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----