Tuesday, Bayswater Uranium Corp. (BAY.V, BYSWF.PK) announced that it has entered into an option/joint venture deal with Otis Capital Corp., whereby the latter can earn up to a 75% interest in the company's Kilgore Gold Project and two additional gold properties, Hai and Gold Bug in Idaho, USA.
The Kilgore land position is covered by 150 federal lode-mining claims, Hai is covered by 7 claims, and Gold Bug is covered by 9 claims, the company noted.
However, the completion of transaction is subject to TSX Venture Exchange acceptance and the approval of Otis's Qualifying Transaction announced on April 22, 2008, the company added.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.