September 5, 2018 BHS2018-27
BAYHORSE SILVER SHARES FOR DEBT
Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse“) announces, subject to TSX-Venture Exchange (TSX-V) approval, it is proposing to issue an aggregate of 1,624,486 common shares of the Company at ten ($0.10) cents per share in settlement of an aggregate of $162,448 of outstanding debt as of August 27, 2018.
HighCard Exploration Inc., a company controlled by Bayhorse CEO Graeme O’Neill, and RHL Enterprise Corp., a company controlled by Bayhorse CFO Rick Low, have converted an aggregate of $71,000 in debt owed to them by the Company into 710,000 common shares of Bayhorse.
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, CEO