Bayswater Ventures Corp.
TSX VENTURE : BVE

Bayswater Ventures Corp.

March 20, 2006 14:16 ET

Bayswater Receives Approval for Avoca Mine Acquisition, Ireland

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 20, 2006) - Bayswater Ventures Corp. (TSX VENTURE:BVE) (the "Company") is pleased to announce that closing of the acquisition of Jadebay Limited, the company that owns the licenses to the Avoca Mine Project, Ireland is now moving forward.

With respect to the Company's previously announced purchase of Jadebay Limited (see Company News Release dated January 18, 2006), a 100% owned Irish subsidiary of Strongbow Exploration Inc. (TSX VENTURE:SBW) that owns the prospecting licenses to the Avoca Mine Project, the Company is pleased to report that it has received written approval to the transaction from the TSX Venture Exchange and from government authorities in the Republic of Ireland. Closing of the transaction is now proceeding.

Permitting of airborne geophysical surveying and ground follow-up geophysical surveying to test the previous mine area for strike extensions of near surface high grade zinc-lead-silver-gold massive sulphide horizons and for deep, blind, and larger massive sulphide targets of the Bathurst/Buchans deposit type is well underway. The company anticipates to be able to commence the airborne surveying in April and the ground surveying in May of this year.

The Company's exploration activities are conducted under the supervision of George M. Leary, M.Sc. P. Eng. (BC), President of the Company and a qualified person under NI 43-101. Mr. Leary is responsible for the technical information in this news release.

ON BEHALF OF THE BOARD

George M. Leary, President

Warning: The Company relies upon litigation protection for "forward-looking" statements.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

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