Bayswater Expresses Its Condolences to Family of Victim in Helicopter Accident

Bayswater Uranium Corporation (TSX-V: BAY), its directors, management and staff express their deep condolences to the family of the person involved in today's fatal helicopter crash in Postville, Labrador. The Company confirmed that the accident occurred with one of its contracted helicopter companies during a routine landing in Postville.

The Company is awaiting detailed information from the RCMP and will support authorities in their investigation, including the Transportation Safety Board. Gordon Davidson, Bayswater's Vice-President of Exploration, confirms that all of its working crews are safe, and appreciates the support of all the people in Labrador who have expressed their concern. The Company has suspended its operations until further information is available.

On behalf of the Board of:

BAYSWATER URANIUM CORPORATION

George M. Leary
President

Distributed by Filing Services Canada and retransmitted by Marketwire

Media contact: Marilyn Butland Pilot Communications Tel: 709-753-0794 or 709-727-3171 Investor contact: John Gomez Manager, Investor Relations Bayswater Uranium Corp. Tel: 604-687-2153 www.bayswateruranium.com

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