Business
Carlyle Commodities Closes $2,855,000 in Tranche 1 of Its Previously Announced Financing in Connection with Proposed Transaction with Silver Pony Resources
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement") for gross proceeds of $2,855,000 through the issuance of 285,500,000 subscription receipts (the "Subscription Receipts") at a price of $0.01 ($0.20 on a post-Consolidation basis) per Subscription Receipt. The Private Placement..
About this update from The Carlyle Group Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement") for gross proceeds of $2,855,000 through the issuance of 285,500,000 subscription receipts (the "Subscription Receipts") at a price of $0.01 ($0.20 on a post-Consolidation basis) per Subscription Receipt. 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 by Carlyle on December 31, 2025. 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"). The Company anticipates closing the balance of the Private Placement next week.","length":1047,"tagName":"p"},{"type":"text","content":""We are pleased to have successfully completed this initial tranche of our financing in support of the proposed transaction with Silver Pony," commented Morgan Good, President and Chief Executive Officer of Carlyle. "This funding begins to provide us with the resources in order to rapidly advance the Trout Lake Projects, subject to closing of the Transaction, and well positions the Company to move forward with a focused exploration program and an enhanced treasury."","length":490,"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 post-Consolidation basis) per Warrant Share for a perio...