Bayswater Grants Stock Options
Vancouver, BC, August 3, 2007 ─ Bayswater Uranium Corporation (TSX-V: BAY) advises that an aggregate of 1,600,000 options have been granted to directors, officers, employees and consultants of Bayswater. The options are exercisable at a price of $1.29 per share and expire five years from the date of grant, subject to the approval of the TSX Venture Exchange.
About Bayswater Uranium Corporation – The Super Junior™ Uranium Company
Bayswater Uranium Corp. is a rapidly-growing international uranium exploration and development company. As the only uranium company to have major landholdings in each of Canada's most important producing and exploraUtion regions -- the Athabasca Basin, the Central Mineral Belt, and the Thelon Basin -- Bayswater is a leader in uranium exploration in Canada, the world's largest producer of uranium. The Company also owns several advanced uranium properties in the United States that are being fast tracked to production. Bayswater combines a balanced portfolio of exploration and development projects with the uranium expertise of its technical and managerial teams. 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. Bayswater is listed on the TSX Venture Exchange under the symbol BAY.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.
