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Bayswater Grants Stock Options
Vancouver, B.C. March 23, 2007 – Bayswater Uranium Corporation (TSX.V: BAY) announces 4,800,000 Stock Options at $1.65 per share have been granted today to directors, officers and employees. The Stock Options are exercisable until March 22, 2012.
About Bayswater Uranium Corporation – The Super Junior™ Uranium Company
As the only uranium explorer to have major landholdings in each of Canada's most important producing and exploration regions – the Athabasca Basin, the Central Mineral Belt, and the Thelon Basin – Bayswater Uranium Corp. is well positioned to be a market leader in uranium exploration. Bayswater combines the uranium expertise of its technical and managerial teams with a large, highly prospective and diverse property base. The result is a Super Junior™ Uranium Company with the share liquidity and market capitalization to provide value to both the retail and institutional investor.On behalf of the Board of:
BAYSWATER URANIUM CORPORATION
| George M. Leary |
| President and CEO |
For further information contact:
| John Gomez Manager, Investor Relations |
| Telephone: (604) 687-2153 |
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.