Mr. Morgan Good reports
SILVER PONY ANNOUNCES CLOSING OF UP-SIZED $1,300,035 STRATEGIC FLOW-THROUGH OFFERING
Silver Pony Resources Corp. (formerly Carlyle Commodities Corp.), further to its news release dated Oct. 13, 2026, has upsized and closed its previously announced non-brokered private placement for total gross proceeds of $1,300,035 through the issuance of 5,652,326 flow-through common shares at a price of 23 cents per flow-through share.
Each flow-through share constitutes a flow-through share within the meaning of the Income Tax Act (Canada) and the gross proceeds of the offering will be used by the company for exploration advancements and various other exploration costs at the Silver Pony project in British Columbia, which are intended to qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures, as such terms are defined in the tax act.
In connection with the offering, the company paid finders' fees of $88,587 and issued 385,163 finders' warrants to certain finders. Each finder's warrant is exercisable into one common share for a period of 24 months after the date of issuance at an exercise price of 23 cents.
All securities issued in connection with the offering are subject to a statutory hold period expiring four months and one day after the date of issuance, in accordance with National Instrument 45-102, Resale of Securities.
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 totalling 37,022.88 hectares in southeastern British Columbia, within the Slocan mining district and Revelstoke mining district.
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