Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the 'Company' or 'Bayhorse') has, subject to TSX Venture Exchange approval, closed its recently announced non-brokered private placement of 3,500,000 Units at $0.10 cents per Unit for gross proceeds of $350,000.

Each Flow-Through Unit will consist of one common share of the Company and one transferable common share purchase warrant at $0.10 cents per Unit. Each common share purchase warrant is exercisable into one common share of the Company at an exercise price of $0.15 cents for two years from date of issuance.

The funds raised are for the purposes of advancing the Company's Brandywine gold project 40 minutes by paved highway north of Vancouver, BC.

Finder fees may be payable on a portion of the financing not taken down by insiders according to the policies of the TSX-V Exchange.

Securities issued under this placement will be subject to a four month plus a day hold period from the date of issuance.

This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents.

Contact:

Graeme O'Neill

Tel: 1-866-399-6539

Email: company@bayhorsesilver.com

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