Carlyle Commodities Announces Increase and Final Closing of Current Funding Efforts for Aggregate Private Placement Proceeds of $4,250,000 in Connection with Proposed Transaction with Silver Pony Resources

Vancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle") is pleased to announce that, further to its news releases of February 3, 2026, January 30, 2026 and January 23, 2026, it has further upsized its previously announced non-brokered private placement (the "Private Placement") by an additional $100,000 to aggregate gross proceeds of $4,250,000 and has closed the third and final tranche thereof. Under the third tranche, Carlyle issued 55,000,000 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 $550,000. In total, Carlyle raised aggregate gross proceeds of $4,250,000 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").

Carlyle's Chief Executive Officer and Director, Mr. Morgan Good, commented: "We are pleased with the continued strong investor interest that enabled the further increase and closing of this Private Placement. This financing strengthens our cash position as we progress towards the completion of the proposed Transaction and advance all our Company initiatives."

Offering Terms

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 period of 18 months following the date on which the Escrow Release Condition is satisfied, subject to adjustment in certain events. The expiry date of the Warrants may be accelerated if the closing price of the Shares on any Canadian stock exchange equals or exceeds $0.025 ($0.50 on a post-Consolidation basis) for five consecutive trading days. In such event, Carlyle may, within 15 business days following the occurrence of that condition, accelerate the expiry date of the Warrants by issuing a news release, in which case the Warrants will expire on the date that is 30 calendar days after the date of such news release, as specified therein.