BAYHORSE SILVER Extends Known Strike Of Silver Mineralization At Bayhorse Silver Mine , Realizes Over $1.8 Million In Warrant and Stock Option Exercises To The Company
April 26, 2021. BHS2021-09
BAYHORSE SILVER Extends Known Strike Of Silver Mineralization At Bayhorse Silver Mine ,
Realizes Over $1.8 Million In Warrant and Stock Option Exercises To The Company
Bayhorse Silver Inc. (BHS: TSX-V) (the “Company” or “Bayhorse”) is pleased to report that since
the beginning of this year, the Company has realized in excess of $1,800,000 into the treasury through
warrant and stock option exercises.
The Company reports that through recent underground drilling and sampling, the main mineral zone
has been extended over 100 feet past the historic 1984 workings. Drilling and sampling continues to
delineate the further extension of high grade mineralization at the Bayhorse Silver Mine, Oregon,
USA..
To assist continued operations, Bayhorse CEO Graeme O’Neill has exercised 8,196,691 million
warrants and options for gross proceeds to the Company of $1,146,000. To fund his exercises he sold,
in an arranged transaction to an individual buyer through the CHI-X, a total of 5,177,500 shares of the
Company
The Company announces the grant 2.5 million Incentive S tock Options to Officers, Directors,
Consultants and Employees of the Company that fully vest on the grant date and are exercisable for
five years at $0.25 cents per share.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which
accepts full responsibility for its content. Dr. Stewart Jackson, P.Geo., a Qualified Person and
Consultant to the Company has prepared, supervised the preparation of, and approved the technical
content of this press release.
On Behalf of the Board,
Graeme O’Neill, CEO
1-866-399-6539
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.
About Bayhorse Silver Inc.
Bayhorse Silver Inc. is an exploration and production company with a 100% interest in the historic
Bayhorse Silver Mine located in Oregon, USA, and an option to acquire an 80% interest on the
Brandywine, precious metals rich, volcanogenic massive sulphide property, located in B.C., Canada.
The Company has an experienced management and technical team with extensive mining expertise
surrounding exploration and building mines.