Business
Carlyle Commodities Announces Second Increase of Private Placement to $4,150,000 in Connection with Proposed Transaction with Silver Pony Resources
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that, as a result of strong investor demand, it has further upsized its previously announced non-brokered private placement (the "Private Placement") by an additional $400,000, for aggregate gross proceeds of up to $4,150,000, on the same terms as previously disclosed in Carlyle's news releases of January 23, 2026, and January 30, 2026.In...
About this update from Carlyle Commodities Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that, as a result of strong investor demand, it has further upsized its previously announced non-brokered private placement (the "Private Placement") by an additional $400,000, for aggregate gross proceeds of up to $4,150,000, on the same terms as previously disclosed in Carlyle's news releases of January 23, 2026, and January 30, 2026.","length":512,"tagName":"p"},{"type":"text","content":"In connection with the upsized Private Placement, Carlyle expects to complete an additional third tranche of the Private Placement for gross proceeds of up to approximately $400,000, subject to customary closing conditions and applicable regulatory approvals. The Private Placement is being conducted in connection with Carlyle's proposed business combination (the "Transaction") with Silver Pony Resources Corp. ("Silver Pony"). As previously announced, Carlyle intends to consolidate its common shares in connection with the Transaction on a basis of 20 pre-consolidation shares for 1 post-consolidation share (the "Consolidation").","length":668,"tagName":"p"},{"type":"text","content":"Carlyle's Chief Executive Officer and Director, Mr. Morgan Good, commented: "We are very encouraged by the continued strong demand for this financing as it includes strategic institutional and significant investors in the capital market community. The additional interest allows us to further strengthen our balance sheet as we advance toward completion of the proposed Transaction and prepare for the next phase of exploration and corporate development."","length":469,"tagName":"p"},{"type":"text","content":"Offering Terms","length":14,"tagName":"p"},{"type":"text","content":"The Private Placement is being completed through the issuance of subscription receipts (the "Subscription Receipts") at a price of $0.01 per Subscription Receipt ($0.20 on a post-Consolidation basis). Each Subscription Receipt will automatically convert into one unit of Carlyle (a "Unit") (for no further consideration and without any further action by the holders thereof) upon all conditions for the closing of the Transaction being satisfied or waived (the &qu...