Subject to regulatory approval, Edgewater Exploration Ltd. ("Edgewater" or "the
Company") (TSX VENTURE:EDW) has granted 3,075,000 stock options to directors,
officers, employees and consultants of the Company. The options are at an
exercise price of $0.10 per share and valid for a period of five years from the
date of grant.


About Edgewater Exploration Ltd.

Edgewater is a mineral development and exploration company focused on the
advancement and development of precious metal properties. Edgewater has an
experienced mine building and operating team with a track record of success. The
Company is focused on advancing the Corcoesto Gold Project in northwest Spain.


On behalf of the board of EDGEWATER EXPLORATION LTD. 

George Salamis, President and CEO

"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"


FOR FURTHER INFORMATION PLEASE CONTACT: 
Edgewater Exploration Ltd.
Ryan King
Vice President
(604) 628-1012
rking@edgewaterx.com

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