Bayhorse Saturn Amend Farm-In Agreement

FEBRUARY 24, 2015 – BHS2015-12

Bayhorse Silver Inc. (the “Company” or “Bayhorse”) and Saturn Minerals Inc have, subject to TSX-V approval, amended the Farm-In Agreement dated November 3, 2014 and as announced in the Company’s news release BHS2014-24.

The terms for the Farm In Agreement to acquire 50% of Saturn’s oil and gas rights on the Little Swan property with respect to the Equalization Payment to Saturn is amended as follows:
Pay to Saturn $200,000, or , at the sole discretion of the Company, 2,000,000 common shares of Bayhorse, on or before 45 days after Exchange approval and $200,000, or, at the sole discretion of the Company, 2,000,000 common shares of Bayhorse, on or before 90 days after Exchange approval. All other terms of the Agreement remain unchanged.