Bayswater`s Revised News Release on Tejana Mesa Property, New Mexico

VANCOUVER--(Business Wire)--
Bayswater Uranium Corporation (TSX-V: BAY), (OTC: BYSWF) is pleased to report
the following update on its Tejana Mesa property and immediate region, New
Mexico, which collectively has potential to host 15 to 45 million pounds U3O8
according to a report by the New Mexico Bureau of Mines and Mineral Resources
(Note: This stated potential quantity is conceptual in nature as there has been
insufficient exploration to define a mineral resource and it is uncertain if
further exploration will result in discovery of a mineral resource. No grades
are referenced in the report; however, typical grades for roll front type
uranium deposits in the western United States range from 0.05% to 0.30% U3O8).
Company geologists believe the more highly prospective areas for uranium
mineralization occur on Bayswater land holdings.

The Tejana Mesa property is located in Catron County, New Mexico, USA in an
historic uranium producing region. Bayswater holds an option to acquire a 100%
interest in 127 claims and owns a 100% interest in an additional 1,570 staked
claims comprising 33,940 acres. The project covers favourable sandstone units
along a 20 mile long portion of the margin of the Colorado Plateau-known for its
uranium deposits, many of which were previously in production. Extensive
drilling was completed in the region during the late 1960`s to early 1980`s by
major companies including Ranchers Exploration, Occidental Minerals, Wold
Nuclear, Pioneer Nuclear, Energy Reserves and Federal American Partners, as well
as Gulf Minerals who drilled over 900 holes. The focus of this drilling was for
shallow mineralization, along the leading edge of on-lapping Cretaceous
sediments. Drilling identified a small historical resource, not compliant with
NI 43-101 standards and not to be relied upon, at the Red Basin Mine area, not
within but adjacent to Bayswater`s claims, that is reported to comprise 1.6 m
lbs uranium grading 0.31% U3O8; and, identified a number of uranium mineralized
areas in the aggregate along a 20 mile belt. Some of the latter mineralized
areas are within Bayswater`s land holdings.

The larger scale potential of the region is believed to be primarily down dip of
the sequence which is mainly covered by land held by Bayswater. The down dip
potential, as reported by others in available technical reports, is considered
to be at the water table interface for transported roll fronts at depths from
about 200 ft to 1,000 ft-a target that has never been drill tested. These
reports suggest potential for 15 to 45 million lbs of uranium in transported
roll fronts (Note: This stated potential quantity is conceptual in nature as
there has been insufficient exploration to define a mineral resource and it is
uncertain if further exploration will result in discovery of a mineral
resource).

An independent compilation by World Industrial Minerals of limited available
data has led to identifying several down dip targets that are recommended for
drill testing. These targets are along the down dip trends of channels and known
near surface mineralization where evidence suggests considerable leaching of
roll front mineralization-a condition favourable for potentially depositing
transported roll front mineralization down dip.

According to a 1981 report by the New Mexico Bureau of Mines and Mineral
Resources, the Tejana Mesa area has potential for 15 to 45 million pounds U3O8
in an area of 80 sq. miles, of which about 70%, including the more highly
prospective portion, is within Bayswater claims (Note: This stated potential
quantity is conceptual in nature as there has been insufficient exploration to
define a mineral resource and it is uncertain if further exploration will result
in discovery of a mineral resource).

"Bayswater is seeking a partner in order to evaluate the Tejana Mesa property.
This would enable us to continue to explore and advance our core, advanced-stage
projects in the US while at the same time advancing one of our most interesting
early-stage projects," stated Bayswater president, George Leary. "In addition,
the Company is seeking partners to advance early-stage drill targets on its
Brudell Lake and Collins Bay Extension projects in the Athabasca Basin; North
Thelon project in Nunavut; and on its Labrador Central Mineral Belt holdings. To
further the main focus of the Company on acquiring advance-stage uranium
projects in the US, we`re also evaluating several exciting acquisition
opportunities that would add to our asset base and fuel our growth."

For further information on these projects, interested parties should visit the
Company`s website at www.bayswateruranium.com, or contact Gord Davidson, VP
Exploration-Canada or Victor Tanaka, COO.

About Bayswater Uranium Corporation - The Super Junior Uranium Company
TM

Bayswater Uranium Corporation is an international uranium exploration and
development company. The Company owns several advanced uranium properties in the
United States with significant historical resources that may be amenable to ISR
and/or conventional mining. As well, Bayswater is the only uranium company to
have major landholdings in each of Canada's most important producing and
exploration regions - the Athabasca Basin, the Central Mineral Belt, and the
Thelon Basin. Bayswater combines a balanced portfolio of advanced and
exploration projects with the uranium expertise of its technical and managerial
teams. To capitalize on current market conditions and strong growth of the
nuclear industry, the Company is pursuing acquisition opportunities of
advanced-stage uranium projects with near-term production potential. Bayswater's
vision is to build a major international uranium company. Shares of the Company
are listed on the TSX Venture Exchange under the symbol "BAY". For further
information visit www.bayswateruranium.com.

On behalf of the Board of:

BAYSWATER URANIUM CORPORATION

George M. Leary

President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.

Bayswater Uranium Corporation
John Gomez, Manager, Investor Relations, (604) 687-2153

Copyright Business Wire 2009