Bayhorse Silver Inc. ("Bayhorse" or the "Company") (TSX VENTURE:BHS) reports
that it has received a loan for the sum of C$198,000 (the "Loan"). The Loan is
for a term of 12 months, is unsecured and bears interest at the rate of 12% per
annum, compounded quarterly and payable quarterly in arrears. The Company has
issued a promissory note for the Loan. As additional consideration for the Loan,
the Company has agreed to issue 330,000 bonus shares, that are equal to 20% of
the principal amount of the Loan issued at a deemed price of $0.12 per share
(the "Bonus Shares").


The proceeds from the loan is to be used for the Bayhorse silver mine project in
east-central Oregon, where the Company has contracted American Mining and
Tunneling to conduct remedial work on the existing adit to provide safe access
to the underground workings in preparation for a substantive sampling program.
This work is projected to be completed by the end of April, 2014. Underground
workings schematics are available on our website, details of which can be seen
at http://www.bayhorsesilver.com/properties/technical-images/


The Loan is subject to TSX Venture Exchange ("TSX-V") acceptance. Bonus Shares
to be issued in conjunction with the Loan will be subject to a four month and
one day hold period from the date of issue.


Mr. Graeme O'Neill, a director and officer of the Company is a lender and upon
the issuance of the Bonus Shares will hold 2,912,310 common shares representing
15.1% of the Company's issued and outstanding shares. The price of the Bonus
shares was determined in accordance with the policies of the TSX Venture
Exchange. 


Bayhorse Silver Inc is a tier 2 mining company listed on TSX Venture Exchange,
with its principal business being mineral exploration and development through
its principal properties, being the Alexander River gold project in New Zealand
and its recently acquired Bayhorse Silver Mine project in east-central Oregon.
The Company also has a 100% interest in two other New Zealand gold projects, Red
Queen and Paparoa, where it is actively pursuing exploration. The Company also
holds a 30% net profit interest ("NPI") in the Flagstaff Barite Mine, which it
recently sold to SBS Mining of London, England, and anticipates this NPI will
produce revenue as early as late 2014.


The Company has also announced an initiative in the newly legalized medical
marijuana field.


ON BEHALF OF THE BOARD

Graeme O'Neill, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bayhorse Silver Inc.
Graeme O'Neill
President
(604) 684-3394
www.bayhorsesilver.com

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