Bayswater Grants Investor Relations Stock Options
Vancouver, BC, August 17, 2007 ─ Bayswater Uranium Corporation (TSX-V: BAY) advises that it has agreed to amend the terms of the investor relations agreement with Longview Capital Partners Incorporated (TSX-V: LV), as announced on August 2, 2007, to grant options to purchase an aggregate of 200,000 shares of the Company at a price of $0.80 per share expiring on August 20, 2012 and vesting in equal quarterly installments over the first year of the option term, to representatives of Longview's investor relations department, subject to the approval of the TSX Venture Exchange. In consideration of the option grant, Longview has agreed to the cancellation of options previously granted pursuant to the Company's original investor relations agreement with Longview as dated September 1, 2006.
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.
