Strathmore Minerals Corp. reports agreement with Bayswater Uranium has been revised and agreed upon by all parties.

Strathmore shall retain a provision to regain control of the Joint Venture by acquiring 2% of NCA's Option interest (for an aggregate 51% Option interest) for one dollar (US$1.00) payable in cash by Strathmore to NCA should NCA:

- 3(a) fail to complete the payment terms as described in 1(c);

- 3(b) fail to make the election to exercise the Alternative Option, and not complete the payment terms described in 1(c);

- 3(c) fail to earn a 75% interest in the Property as described in the Alternative Option; or

- 3(d) upon election to exercise the Alternative Option, fail to complete a work program on the Property for any consecutive twelve month period, during the period within which the Alternative Option may be exercised.

For full details of this press release, click this link. ^[1]

Uranium Investing News researchers discovered Strathmore's project described on their website ^[2].

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