Mr. Graeme O'Neill reports

BAYHORSE SILVER EXTENDS WARRANTS

Bayhorse Silver Inc. has extended the expiry date of some warrants.

The company announces that, subject to the approval of the TSX Venture Exchange, the company has extended the expiry date of the following warrants (all other terms remain unchanged):

• Existing expiry date of 12,277,500 warrants: Oct. 28, 2026;
• New expiry date of 12,277,500 warrants: Oct. 28, 2027;
• Exercise price of warrants: eight cents.

About Bayhorse Silver Inc.

Bayhorse Silver is an exploration and production company with a 100-per-cent interest in the historic Bayhorse silver mine located in Oregon, United States, with a National Instrument 43-101 inferred resource of 292,300 tons at a grade of 21.65 ounces per ton (673 grams per tonne) for 6.3 million ounces of silver. (Turner et al., 2018) and the Pegasus project, in Washington county, Idaho. The Bayhorse silver mine and the Pegasus porphyry copper project are 44 kilometres southwest of Hercules Metals' porphyry copper discovery. The Bayhorse mine is a minimum-environmental-impact facility capable of processing at a mining rate of up to 200 tons per day, which includes a state-of-the-art, 40-ton-per-hour Steinert ore sorter that reduces waste rock entering the processing stream by up to 85 per cent. The company has established an up-to-60-ton-per-day mill and standard flotation processing facility in nearby Payette county, Idaho, United States with an offtake agreement in place with Ocean Partners U.K. Ltd. The company has an experienced management and technical team with extensive mining expertise in both exploration and building mines.