Silver Pony Announces Final CSE Approval, Resumption of Trading, and the Official Launch of 2026 Drilling Having Commenced at the Company's Primary High-Grade Silver Targets
Rhea-AI Summary
Silver Pony Resources (CSE:PONY, OTC:CCCFD) completed a three‑cornered amalgamation dated March 30, 2026 with Silver Pony Trout Lake Resources (SPTLR), acquiring all SPTLR shares and making it a wholly owned subsidiary. The transaction is classified as a Fundamental Change under CSE policies and accompanies the company’s name change from Carlyle Commodities to Silver Pony Resources.
According to the company, its shares are anticipated to begin trading on the CSE on July 24, 2026 under the symbol PONY, subject to final CSE approval. Silver Pony issued 49,447,040 shares to former SPTLR shareholders, who now hold about 65% of post‑transaction shares, and expects to pay finders’ fees of $110,000 cash plus 2,200,000 shares at a deemed price of $0.20. The company is focusing on the Silver Pony Project in southeastern British Columbia and has commenced its 2026 drilling program, reporting that drill pad construction began in mid‑June and the second drill hole is being completed. In line with this new focus, Silver Pony disposed of its Quesnel Gold and Nicola East project interests for nil consideration and launched a redesigned website and updated investor presentation.
Positive
- Acquisition of SPTLR completed via three‑cornered amalgamation, creating wholly owned subsidiary
- Post‑transaction control 49,447,040 new shares issued; SPTLR holders own ~65% of company
- CSE trading resumption anticipated on July 24, 2026 under new symbol PONY
- 2026 drilling program underway at Silver Pony Project, with second drill hole in progress
Negative
- Significant equity dilution 49,447,040 new shares issued to SPTLR shareholders (~65% post‑deal ownership)
- Finder’s fees cost $110,000 cash plus 2,200,000 shares at $0.20 deemed price
- Asset disposals for no value Quesnel Gold and Nicola East project interests sold for nil consideration
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 10 | Transaction progress | Positive | +52.8% | Silver Pony acquisition advanced, with shareholder approval and listing statement submission. |
| Mar 20 | Leadership change | Negative | -11.5% | Vice President of Exploration resigned while retaining board and Qualified Person responsibilities. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Both selected prior events were followed by reactions aligned with their apparent news direction: +52.75% on transaction progress and -11.5% on a resignation.
Key Terms
three-cornered amalgamation regulatory
arm's length finders financial
mineral tenures technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2026) - Silver Pony Resources Corp. (CSE: PONY) (FSE: BJ4) (OTC: CCCFD) (formerly Carlyle Commodities Corp.) ("Silver Pony" or the "Company") is pleased to announce, pursuant to the definitive agreement dated March 30, 2026 between the Company and Silver Pony Trout Lake Resources Corp. ("SPTLR") (formerly Silver Pony Resources Corp.), the Company has acquired all of the issued and outstanding shares of SPTLR pursuant to a three-cornered amalgamation in accordance with Section 269 of the Business Corporations Act (British Columbia) (the "Transaction").
Morgan Good, Silver Pony's President and Chief Executive Officer, commented: "Our entire team combined of Silver Pony founders, shareholders, advisors, strategic investors and management are all aligned and thrilled to be launching this exciting exploration asset with a variety of high-grade silver and gold targets planned for drilling this summer. Currently the Company is just completing its second drill hole with the drill pad construction having begun in mid-June, giving us a great head start as we come back to trade. We are optimistic based on historic results and recent preliminary work, along with a bullish team and a focused outlook for a strong precious metals market through the balance of the year and beyond, it sets the Company up for strong potential value creation."
Following completion of the Transaction, the common shares of the Company ("Shares") are anticipated to commence trading on the Canadian Securities Exchange (the "CSE") on July 24th, 2026, under the symbol "PONY", on the CSE. Further details regarding the Transaction are provided in the Company's Listing Statement, which has been filed on the Company's SEDAR+ profile at www.sedarplus.ca in advance of listing. The listing of the Shares remains subject to final approval of the CSE.
Pursuant to the Transaction, the Company issued an aggregate of 49,447,040 Shares to the former shareholders of SPTLR, representing approximately
Prior to the completion of the Transaction, the Company changed its name from "Carlyle Commodities Corp." to "Silver Pony Resources Corp.". The Company will carry on the business of SPTLR, primarily focused on the exploration and development of the Silver Pony Project. The Transaction constitutes a "Fundamental Change" of the Company as defined by the policies of the CSE.
In connection with the completion of the Transaction and the Company's new focus on the exploration and development of the Silver Pony Project, the Company announces that it has disposed of its interests in the Quesnel Gold Project and the Nicola East Project for nil consideration.
Launch of New Website, Social Media Channels and Investor Presentation
The Company also announces the launch of its redesigned website and an updated corporate investor presentation. The new site consolidates the Company's project information, technical disclosure, and news in one place, providing shareholders and prospective investors with clear access to the Company's projects and ongoing activities.
The updated website and investor materials can be accessed through the following:
- Website: https://silverponyresources.com
- Investor Presentation: Here
- LinkedIn: Here
- X: Here
About Silver Pony Resources Corp.
The Company is an early-stage mineral resource exploration company engaged in the acquisition, exploration and evaluation of mineral properties. The Company's material property is the exploration stage Silver Pony Project, comprising of 37 contiguous mineral tenures tolling 37,022.88 hectares in southeastern British Columbia, within the Slocan Mining District and Revelstoke Mining District.
For more information, please contact the Company at:
Silver Pony Resources Corp.
Morgan Good, President, CEO and Director
604-715-4751
mg@silverponyresources.com
Cautionary Note
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements regarding: the receipt of final approval of the CSE for the Listing of the Company Shares; the anticipated timing of commencement of trading of the Company Shares on the CSE; the filing of the Company's Listing Statement on the Company's SEDAR+ profile; the Company's expectation to paid finders fees in connection with the Transaction; and the Company's business plans and objectives with respect to the exploration and development of the Silver Pony Project.
In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including that the Company will receive final approval of the CSE for the Listing; that the Company will have sufficient capital to fund its planned exploration and development activities at the Silver Pony Project; that the Company will pay finders fees in connection with the Transaction, as anticipated; and that there will be no material adverse changes to applicable laws, regulations or market conditions. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the Company's ability to satisfy all conditions required to obtain final CSE approval for the Listing, the failure of the Company to pay the anticipated finders fees in connection with the Transaction; and changes in commodity prices and general economic, market and business conditions.
Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306395