Bayhorse Silver Inc Closes 1,500,000 Units Of Previously Announce Financing.

December 23, 2017 BHS2017-30

Bayhorse Silver Inc Closes 1,500,000 Units Of Previously Announce Financing.

Bayhorse Silver Inc., TSX-V: BHS ("Bayhorse" or the "Company") has, subject to TSX-V approval closed its first

tranche of previously announced financing for 1,500,000 Units at $0.20 per Unit for gross proceeds of $300,000.

Each Unit consists of one (1) common share and one (1) transferable common share purchase warrant at an exercise

price of $0.30 cents, exercisable for a period of 24 months from issuance.

The funds raised will be for operating capital for the Bayhorse Silver Mine, and for general and corporate purposes.

Finder fees may be payable on a portion of the financing according to the policies of the TSX-V. Graeme O'Neill, an

Officer and Director of the Company has subscribed for 1,150,000 Units.

The Company advises it i s not basing its 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 its production decision.

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

Bayhorse Silver Inc., a junior exploration company, is earning an 80% 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.