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BHS.V ·

Bayhorse Silver Grants Options

Share Capital & Compensation

June 23, 2016 BHS2016-07

BAYHORSE SILVER GRANTS OPTIONS

Bayhorse Silver Inc. (the “Company” or “Bayhorse“) has granted 750,000 incentive stock options to Officers, Directors and Consultants to the Company exercisable for five years at a price of $0.125 cents per common share. During the past 6 month period 550,000 options were exercised by Graeme O'Neill, a director of the Company, who has increased his shareholding to 3,838,974 common shares.

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Bayhorse Silver Inc. is a junior exploration company that is earning an 80% interest in the historic Bayhorse Silver Mine in Oregon, USA, that has the potential for a substantial silver discovery, and is 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 expertise. 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, President

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.