Silver Pony launches strategic flow-through offering

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2026) - Silver Pony Resources Corp. (CSE: PONY) (FSE: BJ40) (OTCID: PONIF) (formerly Carlyle Commodities Corp.) ("Silver Pony" or the "Company") is pleased to announce a non-brokered private placement consisting of the issuance of up to 4,347,826 flow-through shares (each, a "Flow-Through Share") at a price of $0.23 per Flow-Through Share for gross aggregate proceeds of up to $1,000,000 (the "Offering"). Subject to the receipt of all necessary regulatory and other approvals, the Company anticipates closing of the Offering will occur on or about October 23, 2026.

Each Flow-Through Share will constitute a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act") 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 Silver Pony's project in British Columbia.

Finders' fees of up to 7% cash and 7% broker warrants may be payable in connection with the Offering in accordance with the policies of the CSE. Each broker warrant will be exercisable into one common share of the Company at an exercise price of $0.23 for a period of 24 months following the date of issuance.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after the date of issuance, as set out in 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.

The Company's updated website and investor materials can be accessed through the following:

• Website: https://silverponyresources.com
• Investor Presentation: Here
• LinkedIn: Here
• X: Here