Bayswater Receives Approval on Private Placement

Bayswater Uranium Corporation (TSXV:BYU) announced that the TSX Venture Exchange has conditionally approved a non-brokered private placement of 254,000 units at a price of $0.15 per unit.

As quoted in the press release:

Each Unit will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an additional common share at a price of $0.25 for 24 months following the closing.

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