Mr. Graeme O'Neill reports

BAYHORSE ANNOUNCES SHARES FOR DEBT SETTLEMENT

Subject to the approval of the TSX Venture Exchange, Bayhorse Silver Inc. has settled $151,064.28 of convertible debenture accrued interest through the issuance of 1,888,303 common shares of the company at a price of eight cents per share, which was the closing price of the company's stock on the settlement date of Dec. 9, 2019. In accordance with the TSX-V rules, the shares issued are subject to a four-month hold period from the date of issuance.

About Bayhorse Silver Inc.

Bayhorse is an exploration and production company with a 100-per-cent interest in the historic Bayhorse silver mine located in Oregon, United States, and has optioned the Brandywine precious metals rich volcanogenic massive sulphide property located in British Columbia, Canada.