Silver Pony Resources Corp. (CSE: PONY) (FSE: BJ40) (OTCID: PONIF) (formerly Carlyle Commodities Corp.) is pleased to announce that, further to its news release dated October 16, 2026, it has up-sized and closed its previously announced non-brokered private placement of 9,411,852 units of the Company at a price of $0.17 per Unit for total gross proceeds of $1,600,015.

Morgan Good, Silver Pony’s President and CEO, commented: “Our team is of course thrilled with the interest developing around Silver Pony. Raising approximately $2,900,000 between today’s offering closing and yesterdays 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 $0.30 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 finder’s warrants to certain finders. Each Finder’s Warrant is exercisable into one Share for a period of twenty-four months after the date of issuance at an exercise price of $0.20.

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.

None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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 totaling 37,022.88 hectares in southeastern British Columbia, within the Slocan Mining District and Revelstoke Mining District.