Bayhorse Silver Inc. Increases Previously Announced Financing to $900,000, Closes 2nd Tranche for $324,900

Bayhorse Silver Inc. Increases Previously Announced

Financing to $900,000, Closes 2nd Tranche for $324,900

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2017) - Bayhorse Silver Inc. (TSXV: BHS) ("Bayhorse" or

the

"Company"), has, subject to TSX-V approval,

increased its previously announced financing of 5,000,000 Units at $0.15

per Unit

to 6,000,000 Units at $0.15 cents per Unit for gross proceeds of $900,000.

Each Unit consists of one (1) common share

and one (1) transferable common share purchase warrant at an exercise price of

$0.25 cents, exercisable for a period of 24 months from issuance.

The Company has closed a 2nd tranche of the financing for gross proceeds of $324,900. The funds raised will be for the

extraction of up to 10,000 tons of mineralized material from the Bayhorse Silver Mine, the installation of the Steinert Ore-Sorter,

that the Company has purchased, 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 200,000 Units.

The Company

advises it

is not basing its decision

to produce

on a feasibility study of mineral reserves demonstrating

economic and technical viability

and

also advises

the

re 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

(604) 684-3394

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.