Bayridge Announces Proposed Share Consolidation

Group 1 - Bayridge Resources Corp. has announced a share consolidation on a ten (10) for one (1) basis, reducing the number of outstanding shares from approximately 73.4 million to about 7.3 million [1] - The Board believes that the consolidation will enhance the company's flexibility in seeking financing opportunities, increase interest, and improve trading liquidity [1] - The company does not plan to change its name in conjunction with the proposed consolidation and will provide further details in a subsequent news release [2] Group 2 - Bayridge Resources Corp. is focused on advancing its portfolio of Canadian uranium projects, including the Waterbury East project and the Constellation project [3] - The Waterbury East project spans 1,337 hectares and is located 25 km northeast of the Cigar Lake Mine, with geophysical surveys indicating a 7 km long conductivity corridor that remains largely untested [3] - The Constellation project covers 11,142 hectares and is situated 60 km south of the current Athabasca Basin edge, in an area with significant exploration activity for basement-hosted uranium [3]