Bayhorse Silver Appoints Christos Doulis as President

Rhea-AI Summary

Bayhorse Silver (OTCQB: BHSIF) announced the appointment of Christos Doulis as President, effective December 17, 2025. Mr. Doulis will continue to serve as a Director and replaces Rick Low as President while Mr. Low remains Chief Financial Officer.

The company said the appointment strengthens the management team as it advances permitting and development of the Bayhorse and Pegasus mineral projects, and moves toward fully permitting the Bayhorse Silver Mine and progressing to a full mining operation.

Positive

• Christos Doulis appointed President effective December 17, 2025
• Doulis remains a Director, preserving board continuity
• Rick Low retained as CFO, maintaining financial continuity

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") is pleased to announce the appointment of Christos Doulis as President of the Company, effective immediately.

Mr. Doulis, who will also continue as a Director of the Company, replaces Rick Low as President. Mr. Low remains Chief Financial Officer of the Company.

"I am very excited to work with Graeme and his team as we advance the critical and strategic mineral Bayhorse and Pegasus projects. The historic Bayhorse Mine is one of the few potential near-term primary silver producing mines in the United States," stated Mr. Doulis.

Bayhorse CEO Graeme O'Neill commented, "Building a strong management team is crucial to a Company's success. We are very pleased that Mr. Doulis has agreed to join Bayhorse as both a Director and now President. He will strengthen our management team as we get closer to fully permitting our Bayhorse Silver Mine, and with his expertise and background we believe he will be instrumental as we continue to build and create shareholder value as we progress toward a full mining operation. The Directors and I personally thank Rick for his dedicated efforts in the valuable and demanding double roles he has played as both our President and CFO in helping guide us to where we are today."

This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its content.

On Behalf of the Board.

Graeme O'Neill, CEO
866-399-6539, 604-684-3394

About Bayhorse Silver Inc.

Bayhorse Silver Inc. is an exploration and production company with a 100% interest in the historic Bayhorse Silver Mine located in Oregon, USA with a National Instrument 43-101 inferred resource of 292,300 tons at a grade of 21.65 opt (673 g/t) for 6.3 million ounces of silver. (Turner et al. 2018) and the Pegasus Project, in Washington County, Idaho. The Bayhorse Silver Mine and the Pegasus Project are 44 km southwest of Hercules Metals' porphyry copper discovery. The Bayhorse Mine is a minimum environmental impact facility capable of processing at a mining rate up 200 tons/day that includes a state of the art 40 ton per hour Steinert Ore-Sorter that reduces waste rock entering the processing stream by up to 85%. The Company has established an up to 60 ton/day mill and standard flotation processing facility in nearby Payette County, Idaho, USA with an offtake agreement in place with Ocean Partners UK Limited. The Company has an experienced management and technical team with extensive mining expertise in both exploration and building mines.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278330

FAQ

Who was appointed President of Bayhorse Silver (BHSIF) and when?

Christos Doulis was appointed President of Bayhorse Silver effective December 17, 2025.

Does Christos Doulis remain on Bayhorse Silver's board after the appointment?

Yes, Mr. Doulis will continue as a Director of the company.

Who did Christos Doulis replace as President of Bayhorse Silver (BHSIF)?

Mr. Doulis replaces Rick Low as President; Rick Low remains CFO.

What projects will Bayhorse Silver focus on under the new president?

The company will advance the Bayhorse and Pegasus mineral projects and work toward full permitting of the Bayhorse Silver Mine.

How did Bayhorse Silver describe the impact of the new appointment on shareholder value?

Bayhorse said the appointment will strengthen management and help create shareholder value as it progresses toward a full mining operation.

Is the President change expected to affect Bayhorse Silver’s permitting timeline?

The company stated Mr. Doulis will be instrumental as it gets closer to fully permitting the Bayhorse Silver Mine, but no specific timeline was provided.