Business
Bayhorse Silver Announces Warrant Exercise Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") announces a warrant exercise incentive program (the "Incentive Program") relating to 20 million outstanding common share purchase warrants (the "Eligible Warrants"). The Eligible Warrants were issued in connection with a private placement that closed on February 1, 2021, and are exercisable to acquire one common share of the Company (a...
About this update from Bayhorse Silver Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") announces a warrant exercise incentive program (the "Incentive Program") relating to 20 million outstanding common share purchase warrants (the "Eligible Warrants"). The Eligible Warrants were issued in connection with a private placement that closed on February 1, 2021, and are exercisable to acquire one common share of the Company (a "Warrant Share") at a price of $0.15 per share until February 1, 2026.","length":629,"tagName":"p"},{"type":"text","content":"The Incentive Program is subject to certain conditions, including the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange (the "TSXV").","length":197,"tagName":"p"},{"type":"text","content":"The Incentive Program is designed to encourage the early exercise of the Eligible Warrants during the period from January 6, 2026, until 4:00 p.m. (PDT) on January 30, 2026 (the "Incentive Period").","length":208,"tagName":"p"},{"type":"text","content":"Under the terms of the Incentive Program, each holder who exercises an Eligible Warrant during the Incentive Period will receive, for each Eligible Warrant exercised, one additional common share purchase warrant (an "Incentive Warrant"). Each Incentive Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.16 per share for a period of 12 months from the date of issuance.","length":441,"tagName":"p"},{"type":"text","content":"In the event that the closing price of the Company's common shares on the TSXV equals or exceeds $0.22 for ten (10) consecutive trading days (an "Acceleration Event"), the Company will be entitled to accelerate the expiry of the Incentive Warrants. If the Company elects to do so, it will issue a press release announcing the Acceleration Event, and the Incentive Warrants will thereafter expire 30 calendar days from the date of such notice.","length":456,"tagName":"p"},{"type":"text","content":"All Incentive Warrants will be issued to participating holders promptly following the expiry of the Incentive Period.","length":117,"tagName":"p"},{"type":"tex...