Mr. Morgan Good reports

SILVER PONY ANNOUNCES FINAL CSE APPROVAL, RESUMPTION OF TRADING, AND THE OFFICIAL LAUNCH OF 2026 DRILLING HAVING COMMENCED AT THE COMPANY'S PRIMARY HIGH-GRADE SILVER TARGETS

Pursuant to the definitive agreement dated March 30, 2026, between Silver Pony Resources Corp. (formerly Carlyle Commodities Corp.) and Silver Pony Trout Lake Resources Corp. (SPTLR) (formerly Silver Pony Resources Corp.), the company has acquired all of the issued and outstanding shares of SPTLR pursuant to a three-cornered amalgamation in accordance with Section 269 of the Business Corporations Act (British Columbia).

Morgan Good, Silver Pony's president and chief executive officer, commented: "Our entire team combined of Silver Pony founders, shareholders, advisers, strategic investors and management are all aligned and thrilled to be launching this exciting exploration asset with a variety of high-grade silver and gold targets planned for drilling this summer. Currently, the company is just completing its second drill hole, with the drill pad construction having begun in mid-June, giving us a great head start as we come back to trade. We are optimistic based on historic results and recent preliminary work, along with a bullish team and a focused outlook for a strong precious metals market through the balance of the year and beyond, it sets the company up for strong potential value creation."

Following completion of the transaction, the common shares of the company are anticipated to commence trading on the Canadian Securities Exchange on July 24, 2026, under the symbol PONY, on the CSE. Further details regarding the transaction are provided in the company's listing statement, which has been filed on the company's SEDAR+ profile in advance of listing. The listing of the shares remains subject to final approval of the CSE.

Pursuant to the transaction, the company issued an aggregate of 49,447,040 shares to the former shareholders of SPTLR, representing approximately 65 per cent of the issued and outstanding shares of the company following completion of the transaction, and SPTLR became a wholly owned subsidiary of the company. In connection with the transaction, the company expects to pay aggregate finders' fees to certain arm's-length finders comprising $110,000 in cash and 2.2 million shares at a deemed price of 20 cents per share.

Prior to the completion of the transaction, the company changed its name from Carlyle Commodities Corp. to Silver Pony Resources Corp. The company will carry on the business of SPTLR, primarily focused on the exploration and development of the Silver Pony project. The transaction constitutes a fundamental change of the company as defined by the policies of the CSE.

In connection with the completion of the transaction and the company's new focus on the exploration and development of the Silver Pony project, the company announces that it has disposed of its interests in the Quesnel gold project and the Nicola East project for nil consideration.

Launch of new website, social media channels and investor presentation

The company also announces the launch of its redesigned website and an updated corporate investor presentation. The new site consolidates the company's project information, technical disclosure and news in one place, providing shareholders and prospective investors with clear access to the company's projects and continuing activities.

About Silver Pony Resources Corp.

The company is an early-stage mineral resource exploration company engaged in the acquisition, exploration and evaluation of mineral properties. The company's material property is the exploration-stage Silver Pony project, comprising 37 contiguous mineral tenures tolling 37,022.88 hectares in southeastern British Columbia, within the Slocan mining district and Revelstoke mining district.

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