Bayhorse Silver Announces $600,000 Non-Brokered Private Placement.

May 28, 2018 BHS2018-15

Bayhorse Silver Announces $600,000 Non-Brokered Private Placement.

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

V Exchange approval, it is conducting a non-brokered private placement of up to 4,000,000 Units at

$0.15 per Unit for gross proceeds of up to $600,000 and, subject to TSX-V approval, has closed a

first tranche of 1,000,000 units for gross proceeds of $150,000.

Each Unit will consist of one (1) common share and one half (1/2) of one transferable common share

purchase warrant, with each whole warrant exercisable into one (1) common share of the Company at

an exercise price of $0.19 cents, exercisable for a period of 24 months from the date of issuance.

The funds raised will be used for working capital purposes to operate the Bayhorse Silver Mine, as

well as general and administrative costs.

Finder fees may be payable on a portion of the financing not taken down by insiders according to the

policies of the TSX-V.

The Company has closed a prior non-brokered private placement of 1,055,608 units at a price of

$0.18 cents per unit for gross proceeds of $190,009. The shares issued under this placement are

subject to a four month and one day hold from closing

The Company advises it is not basing any decision to produce on a feasibility study of mineral reserves

demonstrating economic and technical viability and also advises there is increased uncertainty and specific

economic and technical risks of failure associated with any production decision.

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This News Release 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

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

Oregon, USA. Bayhorse is also earning a 75% interest in the past producing Bridging the Gap Project, consisting of

ASARCO’s historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in

Idaho’s Silver Valley. 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.