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Article: Bayswater Executes Formal Agreement to Acquire Reno Creek Project, Wyoming.
- Article from:
- Mining & Minerals
- Article date:
- November 6, 2009
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Bayswater Uranium Corporation (TSX-V: BAY), (OTC: BYSWF) is pleased to announce that the Company has signed a Formal Purchase Agreement dated October 14, 2009 with Strathmore Resources (US) Ltd., a wholly owned subsidiary of Strathmore Minerals Corp (TSX-V: STM), and American Uranium Corp (OTC: ACUC) whereby the Company shall acquire a 100% interest in the Reno Creek Uranium Project ("the Project") and its holding company, AUC LLC (the "Transaction").
The execution of the Agreement follows the Company's October 5th announcement that it had received a positive NI 43-101 compliant Pre-Feasibility Study (PFS) prepared by TREC Inc. on the technical and economic ...