American Uranium Corporation

American Uranium Corporation

April 07, 2010 20:02 ET

American Uranium Corporation Completes Sale to Bayswater Uranium Corporation

DENVER, COLORODO--(Marketwire - April 7, 2010) - American Uranium Corporation (PINK SHEETS:ACUC) ("American" or the "Company") has this day completed the sale of its interest in the Pine Tree-Reno Creek Property in Wyoming, USA.

Under the terms of the Agreements announced in August of 2009 the Company has been paid US$2,000,000, of which US$1,000,000 was paid in cash and $1,000,000 was paid through the issuance of 1,833,455 common shares of Bayswater Uranium Corporation. All common shares of the Company issued to American have a four month hold period expiring August 8, 2010.

AMERICAN URANIUM CORPORATION is a US uranium exploration and consulting company.

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