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Silver Pony Announces Closing of Up-Sized $1,300,035 Strategic Flow-Through Offering

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Silver Pony Announces Closing of Up-Sized $1,300,035 Strategic Flow-Through Offering

 

 

 

 

 

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 13, 2026, it has up-sized 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 $0.23 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 finder’s fees of $88,587 and issued 385,163 finder’s warrants to certain finders. Each Finder’s Warrant is exercisable into one common share for a period of twenty-four months after the date of issuance at an exercise price of $0.23.

 

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.

 

Posted October 23, 2026

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