Mr. Morgan Good reports

SILVER PONY ANNOUNCES CLOSING OF UP-SIZED $1,600,015 STRATEGIC UNIT OFFERING

Further to the news release dated Oct. 16, 2026, Silver Pony Resources Corp. (formerly Carlyle Commodities Corp.) has upsized and closed its previously announced non-brokered private placement of 9,411,852 units of the company at a price of 17 cents per unit for total gross proceeds of $1,600,015.

Morgan Good, Silver Pony's president and chief executive officer, commented: "Our team is of course thrilled with the interest developing around Silver Pony. Raising approximately $2.9-million between today's offering closing and yesterday's flow-through in current market conditions, adds conviction and confidence to what we have done so far. As well, having a significant investor like Doug Casey participating provides additional support for our efforts to advance the company's objectives both corporately and operationally."

Each unit consists of one common share of the company and one transferable common share purchase warrant. Each warrant entitles the holder thereof to purchase one share at a price of 30 cents per share for a period of 36 months from the date of issuance.

The company intends to use the net proceeds of the offering for advancement of its Silver Pony project and for general working capital.

In connection with the offering, the company paid finders' fees of $33,439 and issued 196,700 finders' warrants to certain finders. Each finder's warrant is exercisable into one share for a period of 24 months after the date of issuance at an exercise price of 20 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 the Revelstoke mining district.

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