Aug 02, 2011

Edgewater Grants Options

Vancouver, British Columbia: Subject to regulatory approval, Edgewater Exploration Ltd. ("Edgewater" or "the Company") has granted 2,025,000 stock options to directors, officers, employees and consultants of the Company. The options are at an exercise price of $0.85 per share and valid for a period of five years from the date of grant.

About Edgewater Exploration Ltd.

Edgewater is a mineral exploration company focused principally on acquisitions, advancement and development of precious metal properties. Edgewater is currently developing the Enchi Gold Project in Ghana, West Africa and the Corcoesto Gold Project in Northwest Spain.

On behalf of the board of EDGEWATER EXPLORATION LTD.

"George Salamis"

George Salamis,
President and CEO

For further information, please contact:
Ryan King, Vice President
Telephone: (604) 628-1012

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

You can view the Next News Releases item: Mon Sep 12, 2011, Edgewater engages CRN Engineering for an Underground Ramp Study on its 100% Owned Corcoesto Gold Project, Spain

You can view the Previous News Releases item: Wed Jul 20, 2011, Drilling Continues to Intersect Gold Mineralization Near Surface and At Depth on Edgewater's Corcoesto Gold Project, Spain

You can return to the main News Releases page, or press the Back button on your browser.