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*Bayswater Uranium Corporation 
Listed Company 

BAYSWATER URANIUM CORPORATION ("BYU.H")
[formerly Bayswater Uranium Corporation ("BYU")]
BULLETIN TYPE: Property-Asset or Share Disposition Agreement, Transfer and New Addition to NEX, Symbol Change
BULLETIN DATE: September 12, 2017
TSX Venture Tier 2 Company

Property-Asset or Share Disposition Agreement:

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing the Company's disposition of its remaining interest in Reno Creek Holdings Inc. ("Reno Creek") pursuant to a shareholder agreement dated April 7, 2010, as amended, between the Company, Reno Creek and Pacific Road Holdings S.A.R.L. ("Pacific Road"). Pursuant to the terms of the Agreement, the Company received a notice of exercise of a drag-along right from Pacific Road requiring the Company to dispose of the remaining 2.73% interest in Reno Creek. Pacific Road has entered into a share purchase agreement with Uranium Energy Corp. ("Uranium Energy"), whereby Uranium Energy will purchase all of the issued and outstanding securities of Reno Creek.

Consideration for the disposition is 409,170 shares and 308,728 warrants of Uranium Energy, as well as US$2,807 in cash in lieu of pro rata share of a net profits interest royalty.

Insider / Pro Group Participation: N/A

Please refer to the Company's news releases dated May 11, 2017, and August 10, 2017 for further details.

Transfer and New Addition to NEX, Symbol Change:

In accordance with TSX Venture Policy 2.5, Continued Listing Requirements and Inter-Tier Movements, the Company does not meet Continued Listing Requirements. Therefore, effective at the opening on Wednesday, September 13, 2017, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX.

The trading symbol for the Company will change from BYU to BYU.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.
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