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Message: Bayhorse Silver 2.5 Million Unit Flow-Through Private Placement
Posted on Jan 23, 2015 in News Release

BAYHORSE SILVER 2.5 MILLION UNIT FLOW-THROUGH PRIVATE PLACEMENT

Bayhorse Silver Inc. (the “Company” or “Bayhorse“) announces that, subject to TSX Venture Exchange (TSX-V) approval, it is conducting a non-brokered Flow-Through private placement of up to 2,500,000 Units at $0.10 per Unit for gross proceeds of $250,000.

Each Unit consists of one (1) Flow Through common share and one (1) non-flow-through non-transferable common share purchase warrant, with each warrant exercisable into one (1) common share of the Company at an exercise price of $0.15, exercisable for a period of 24 months from the date of issuance.

The funds raised will be used for the Little Swan oil project in the Province of Saskatchewan

In addition to any other exemption available to the Company, participation in the financing is also open to existing shareholders who are not accredited investors under the “existing shareholder” exemption of National Instrument 45-106 as promulgated in Multilateral CSA notice 45-313 in participating jurisdictions. Finder fees may be payable on a portion of the financing according to the policies of the TSX-V

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