BAYHORSE SILVER CLOSES WARRANT EXERCISE INCENTIVE PROGRAM

Bayhorse Silver Inc. has announced the completion of its warrant exercise incentive program, which officially closed at 4:00 p.m. PDT on January 30, 2026. The eligible warrants were originally issued as part of a private placement financing round that the company had previously completed.

This type of warrant exercise incentive program is a common corporate finance mechanism used by junior mining companies to encourage warrant holders to exercise their warrants within a specific timeframe, typically offering additional incentives to accelerate cash flow to the company. The closure of such programs often indicates that the company has successfully converted warrant positions into equity financing.

For Bayhorse Silver, a company focused on silver assets and trading on the TSX Venture Exchange under ticker BHS, this warrant program closure represents a routine but important step in managing its capital structure and ensuring adequate working capital for ongoing operations and project development activities.