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

Core Viewpoint - Carlyle Commodities Corp. has successfully increased its non-brokered private placement to a total of $4,250,000, closing the third and final tranche, which is aimed at facilitating a business combination with Silver Pony Resources Corp. [1][2] Offering Terms - Carlyle issued 55,000,000 subscription receipts at a price of $0.01 each, raising an additional $550,000 in the third tranche [1] - Each subscription receipt will convert into one unit consisting of one common share and one-half of a common share purchase warrant upon satisfaction of the Escrow Release Condition [2] - The exercise price for the warrants is set at $0.015, with a post-consolidation price of $0.30, valid for 18 months [2] Financial Details - Carlyle paid a total cash commission of $184,500 and issued 20,240,000 Finder's Warrants under the private placement [3] - The company clarified previous misstatements regarding the amounts raised in earlier tranches, correcting the first tranche total to $2,655,000 [4] Escrow and Use of Proceeds - The net proceeds from the private placement will be held in escrow and are intended for exploration work on the Silver Pony Resources Trout Lake Projects and general working capital [5]