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Bayshore Petroleum Corp. Announces the Grant of Stock Options Symbol: BSH: TSX Venture May 21, 2010

Share Capital & Compensation

PRESS RELEASE

BAYSHORE PETROLEUM CORP. ANNOUNCES THE GRANT OF STOCK OPTIONS

Symbol: BSH: TSX Venture May 21, 2010

CALGARY, ALBERTA, May 21, 2010 - Bayshore Petroleum Corp. (the “Corporation”) announces the grant of stock options to acquire an aggregate of 350,000 common shares of the Corporation at an exercise price of $0.10 per share, such options to expire five years from the date of grant. Directors and officers of the Corporation were issued options to purchase that number of common shares of the Corporation as set forth opposite their name as follows:

Director/Officer Number of Common Shares

Alan M. Tang 150,000

Stuart Y. Chow 100,000

Mark N. Woolstencroft 100,000

On behalf of the Board of Directors,

Alan M. Tang, President and Chief Executive Officer

For further information, please contact Alan M. Tang, President and Chief Executive Officer of Bayshore Petroleum Corp. at Phone: (403) 269-2823.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.