Strongbow Exploration Inc.

Strongbow Exploration Inc.

January 18, 2006 11:58 ET

Strongbow Announces the Sale of Jadebay Limited

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 18, 2006) - Strongbow Exploration Inc. (TSX VENTURE:SBW) is pleased to announce an Agreement for the sale of all outstanding shares of it's 100% owned Irish subsidiary, Jadebay Limited ("Jadebay") to Bayswater Ventures Corp. (TSX VENTURE:BVE) (Bayswater). Closing of the transaction is subject to each party being satisfied with its respective due diligence investigations after expiry of a 60 day due diligence period and to obtaining all necessary regulatory approvals. Jadebay holds two mineral exploration licenses in County Wicklow, southeast Ireland, encompassing the Avoca copper-zinc-lead sulphide stratiform deposit. The purchase price for the Jadebay shares will be 1,500,000 common shares of Bayswater. Strongbow will become a major shareholder of Bayswater and will be entitled to put forward a recommendation for election of one member to the Bayswater board of directors.


Kenneth A. Armstrong, President and CEO

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy of this release.

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