Bayhorse Commences Brandwine GOLD/Silver VMS Project Work Program, Closes 2ND Tranche of Private Placement

July 3, 2019 BHS2019-19

BAYHORSE COMMENCES BRANDWINE GOLD/SILVER VMS PROJECT WORK

PROGRAM, CLOSES 2ND TRANCHE OF PRIVATE PLACEMENT

Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse”) announces that, subject to the

approval of the TSX Venture Exchange, it has closed a second tranche of 1,933,333 Units of its

previously announced non-brokered private placement at a price of $0.075 per unit for gross

proceeds of $145,000 (the “Non-Flow Through Units”) for a total of $242,500 received to date.

Each Flow-Through Unit consists of one flow-through common share and one transferable common

share purchase warrant exercisable into one non- flow through common share of the Company at an

exercise price of $0.125 cents for a period of thirty six months from the date of issuance.

Each Non- Flow Through Unit consist s of one common share and one transferable common share

purchase warrant exercisable into one common share of the Company at an exercise price of $0.125

cents for a period of thirty six months from the date of issuance.

In addition to any other exemption available to the Company, participation in the Private Placement

is also open to all existing shareholders, even if not accredited investors, under the "existing

shareholder" exemption of National Instrument 45- 106 as promulgated in Multilateral CSA notice

45-313 in participating jurisdictions.

Proceeds of the financing are to fund the upcoming exploration program on the Company’s newly

acquired Brandywine gold/silver project , the Bayhorse Silver Mine, and for general and

administrative costs.

Bayhorse CEO, Graeme O’Neill , has subscribed for a total 1,800,000 Non-Flow Through Units of

the private placement to date , and has sold, both through private transactions , and through the

facilities of the TSX Venture Exchange , 1,850,000 common shares of the Company to facilitate his

subscriptions.

This News R elease has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors,

which accepts full responsibility for its contents.

On Behalf of the Board.

Graeme O'Neill, CEO

604-684-3394

Bayhorse Silver Inc., a junior exploration company, has earned 100% interest in the historic

Bayhorse Silver Mine Oregon, USA. a nd has optioned the Brandywine , precious metals rich,

volcanogenic massive sulphide property located in BC, Canada. The Company has an experienced

management and technical team with extensive exploration and mining expertise.

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.