Bayhorse Silver Engages Red Cloud Financial Services
The engagement commits $60,000 of working capital to fees over six months, with commencement dependent on TSXV acceptance.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Bayhorse Silver (BHSIF) has engaged Red Cloud Financial Services to provide media and marketing services, subject to TSX Venture Exchange acceptance.
The six-month engagement will commence on or after receipt of that acceptance. The total fee is $60,000, payable from working capital in monthly installments of $10,000. Red Cloud is at arm's length from Bayhorse and has no direct or indirect interest in the company or its securities, or any right or intent to acquire such an interest.
Positive
- None.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Red Cloud engagement costs $60,000 from working capital, payable in monthly installments of $10,000.
- Minor point. Forward-looking: it has not happened yet and may not happen.Six-month engagement is subject to TSXV acceptance, commencing on or after receipt of acceptance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2026) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") is pleased to announce that, subject to TSX Venture Exchange (TSXV) acceptance, it has engaged Red Cloud Financial Services Inc. ("Red Cloud") to provide media and marketing services for the Company.
Red Cloud is a Toronto-based financial services company that supports mineral exploration and mining companies in accessing capital markets and enhancing their corporate profile and visibility. The engagement is for a period of six months commencing on or after receipt of the acceptance of the TSXV, for a total fee of
Red Cloud is at arm's length from the Company and does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.
Graeme O'Neill, CEO
Toll Free: 866-399-6539, Office: 604-684-3394
About Bayhorse Silver Inc.
Bayhorse Silver Inc. is an exploration and production company with a
FORWARD-LOOKING STATEMENTS:
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. In particular, these forward-looking statements are based on assumptions regarding: (i) stability in precious metals markets and silver prices; (ii) no further significant macroeconomic shocks or disruptions; (iii) continued market liquidity and investor access to capital; (iv) recovery of investor sentiment in the junior mining sector; and (v) timely receipt of required regulatory approvals. Factors that could cause the actual results to differ materially from those in forward-looking statements include: fluctuations in metal and commodity prices; continued availability of equity capital and financing; extreme market volatility and changes in investor sentiment; general economic, market, and business conditions; macroeconomic shocks and trade policy uncertainty; market liquidity constraints; timing and receipt of regulatory approvals (including from the TSX Venture Exchange); and risk that market recovery timing may differ materially from management expectations. Readers are cautioned not to place undue reliance on forward-looking statements. For a complete discussion of risk factors affecting the Company, please refer to the "Risks and Uncertainties" section of the Company's most recent Management's Discussion and Analysis available on SEDAR+ at www.sedarplus.ca. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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/318483
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much will Bayhorse Silver pay Red Cloud for media and marketing services?
Bayhorse Silver will pay a total fee of $60,000 for the six-month engagement, funded from working capital in monthly installments of $10,000.
When does Bayhorse Silver's Red Cloud engagement begin?
The six-month engagement commences on or after receipt of TSX Venture Exchange acceptance. The engagement remains subject to that acceptance.