New Risk • Aug 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.5m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$25.1m market cap, or US$18.1m). Announcement • Aug 04
Bayhorse Silver Inc., Annual General Meeting, Oct 09, 2026 Bayhorse Silver Inc., Annual General Meeting, Oct 09, 2026. Announcement • Aug 01
Bayhorse Silver Underground Drilling Operations to Recommence After Wildfire Control Bayhorse Silver Inc. reported that the drilling program that was suspended on the afternoon of Friday July 24th due to a wildfire at Fox Creek, 7 miles north of the Bayhorse Mine, will recommence now that the wildfire in the Bayhorse Mine area has been extinguished. Late Monday the 27th, the access restrictions were lifted and Bayhorse CEO was able to personally inspect the access road and the Mine facilities for possible fire damage. US Mine Safety & Health regulation (MSHA) requires a minimum 100 ft around the Mine portal clear of any flammable structures or stored material. While this wildfire was fed by strong winds and burned vegetation in close proximity to the Ore-Sorter shelter, its non flammable cover protected its contents. As the area is known for wildfires, and the 50 mile long canyon acts like a wind tunnel, the Company prepared for the possibility of a wildfire by extending that minimum 100 ft clearance to 200 ft as wildfires often jump open spaces. The Ore-Sorter shelter’s non flammable cover prevented fire damage, and all the Mine infrastructure and equipment were not damaged. All Bayhorse personnel evacuated when advised of the wildfire evacuation order. Drilling operations will recommence immediately. The wildfire started 7 miles (11 km) north of the Bayhorse Mine on Thursday, and while it grew to 7,000 acres fairly quickly, the winds were to the north. On Saturday evening winds shifted to the south and by Sunday evening the fire rapidly advanced the 7 miles to overrun the Mine and quickly advanced another 10 miles to threaten the town of Huntington. Baker County Sherrif’s Office and Huntington, and other Fire Service crews acted quickly, with more support drawn from other fires to assist in ensuring people and infrastructure in the populated areas were kept safe and the fire was contained.