Bayhorse Silver Inc – Issuance of Shares in Settlement of Debt

March 20, 2018

Bayhorse Silver Inc – Issuance of Shares in Settlement of Debt

Vancouver, British Columbia - Bayhorse Silver Inc. (“Bayhorse” or the "Company") (TSX-V: BHS)

announces that Bayhorse CEO Graeme O'Neill has converted a $394,883.50 convertible debenture

into 1,974,418 common shares at a price of $0.20 per share. In connection therewith, Mr. O’Neill

has elected to accept 102,747 common shares in settlement of $22,090.57 in interest owing to him,

which shares were issued at a price of $0.215 per share, being the closing price of the Company’s

stock on the settlement date of March 7, 2017. The issuance of the debt settlement shares is subject

to TSX.V approval.

On Behalf of the Board.

Graeme O'Neill, CEO

604-684-3394

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.