Bayhorse Increases Previously Announced Flow-Through Private Placement

June 17, 2019 BHS2019-18

BAYHORSE INCREASES PREVIOUSLY ANNOUNCED FLOW-THROUGH 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 increased its previously announced non-brokered

private placement to consist of three million flow-through units at a price of $0. 10 per unit for gross

proceeds of $300,000 (the “Flow-Through Units”) and four million non-flow units at a price of $0.075

per unit for gross proceeds of $300,000 (the “Non-Flow Through Units ”), to raise an aggregate of

$600,000 (collectively, the “Private Placement”).

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 consists of one common share and one transferable common share

purchase warrant exercisable into one common share of the Company at an exercise price of $0.1 25

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 pro mulgated 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.

The Company has granted 500,000 incentive stock options to Officers, Directors, and Consultants to the

Company, exercisable at C$0.10 cents that fully vest on the date of grant and have a term of five years.

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 , and 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 TS X Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.