Business
Carlyle Commodities Announces Upsize and Closing of Second Tranche for Aggregate Private Placement Proceeds of $3,750,000 in Connection with Proposed Transaction with Silver Pony Resources
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that, further to its news release of January 23, 2026, it has upsized its previously announced non-brokered private placement (the "Private Placement") to aggregate gross proceeds of up to $3,750,000 and has closed the second and final tranche thereof. Under the second tranche, Carlyle issued 104,500,000 subscription receipts (the "Subscription...
About this update from Carlyle Commodities Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that, further to its news release of January 23, 2026, it has upsized its previously announced non-brokered private placement (the "Private Placement") to aggregate gross proceeds of up to $3,750,000 and has closed the second and final tranche thereof. Under the second tranche, Carlyle issued 104,500,000 subscription receipts (the "Subscription Receipts") at a price of $0.01 ($0.20 on a post-Consolidation basis) per Subscription Receipt, for additional gross proceeds of approximately $1,045,000 In total, Carlyle raised aggregate gross proceeds of $3,750,000 under the Private Placement. The Private Placement was 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":1176,"tagName":"p"},{"type":"text","content":"Carlyle Chief Executive Officer and Director, Mr. Morgan Good, commented: "Obviously we are excited at the level of investor interest in this offering and to close it so swiftly. Many interested investors unfortunately were not able to participate as the Company was mindful of dilution while strengthening its balance sheet to support upcoming exploration activities and broader corporate initiatives."","length":413,"tagName":"p"},{"type":"text","content":"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 "Escrow Release Condition"). Each Unit will consist of one common share of Carlyle (each a "Share") and one-half of one common share purchase warrant of Carlyle (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of Carlyle (a "Warrant Share") at an exercise price of $0.015 ($0.30 on a pos...