August 1, 2015 BHS2015-24
Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse“) is pleased to report on the results from its Annual & General Meeting, held on July 28, 2015 in Vancouver.
Messrs Graeme O’Neill, Clay Conway, John Cerenzia and Corey Klassen were re-elected as directors of the Company with over 98% of the voted shares in favor of their re-election. Charlton & Company Accountants were re-appointed as the Company’s auditors and the Company’s Rolling Stock Option Plan was approved for the coming year.
The Company is intent on bringing the Bayhorse Silver Mine into production as quickly as possible, with the goal of achieving near term cash flow to the Company. The Company will be participating in the Cambridgehouse Silver Summit , November 23/24 in San Francisco.
In its continuing efforts to simplify its business model and minimize costs, the Company has determined the costs to maintain its New Zealand gold project permits in the current low price precious metals environment cannot be justified and it has therefore relinquished the projects.