Bayswater announces cost reductions & growth plans

Bayswater Uranium Corporation reports its operational and growth plans.

Given current market conditions, the Company is significantly reducing overhead and project expenditures going forward with a realigned focus primarily on acquisition of advanced uranium projects, and secondarily on development of select Canadian and United States projects through joint ventures. As Bayswater has adequate financial resources, these measures will enable the Company to stay operational for several years with minimal cash raises and, at the same time, maintain its major property assets, cost-effectively advance some of its key projects and, most importantly, pursue the acquisition of advanced uranium projects that add immediate value and strong growth potential. At the same time, these measures will allow the Company to maintain its management team.

For full details of this press release, click this link. To view Bayswater Uranium company profile, click here. Follow developments in uranium mining and exploration for free.
Sign on to the Uranium Investing Newsletter.