Bayridge earns 40% of Waterbury East

Mr. Satvir Dhillon reports BAYRIDGE ANNOUNCES ACQUISITION OF 40% INTEREST IN WATERBURY EAST PROPERTY Bayridge Resources Corp. has earned a 40-per-cent interest in the Waterbury East property pursuant to the property option agreement between the company and CanAlaska Uranium Ltd. dated March 24, 2024. CanAlaska holds the remaining 60-per-cent interest. The company has advised CanAlaska that it has elected not to earn any additional interest (beyond 40 per cent in the property), and the parties will accordingly operate the Waterbury East property on a joint venture basis pursuant to the terms of the Waterbury East agreement, with CanAlaska being lead operator. The company also announces that it has not exercised its option to acquire a 40-per-cent interest in the Constellation property pursuant to the property option agreement between the company and CanAlaska dated March 25, 2024, and that it has no further interest in the property, nor the right to earn an interest. About Bayridge Resources Corp. Bayridge is a green energy company advancing its portfolio of Canadian mineral projects. The 1,337-hectare Waterbury East project is located 25 kilometres northeast of the Cigar Lake mine in the northeastern Athabasca basin region. Geophysical surveys have identified a seven-kilometre-long conductivity corridor where mid-2000 drilling highlighted faulted and altered basement rock with local uranium enrichment. Large sections of this corridor remain untested. We seek Safe Harbor.