Vancouver, British Columbia--(Newsfile Corp. - August 27, 2026) - Silver Pony Resources Corp. (CSE: PONY) (FSE: BJ40) (OTCID: PONIF) (formerly Carlyle Commodities Corp) ("Silver Pony" or the "Company") announces that it has approved the issuance of 9,000,000 stock options (each, an "Option") to certain officers, directors, insiders, consultants, advisors and investor relations persons of the Company for the purchase of up to 9,000,000 common shares in the capital of the Company (each, a "Share") pursuant to the Company's equity incentive plan (the "Plan"). Each Option vested immediately and is exercisable for a period of five (5) years at an exercise price of $0.20 per Share.

The Options were granted pursuant to the Plan, which was originally approved by shareholders at the Company's annual general meeting held on December 29, 2022. Under the policies of the Canadian Securities Exchange (the "CSE"), the Plan is required to be re-approved by shareholders every three years. Despite the Plan not being re-approved by shareholders in the last three years, the CSE has permitted the grant of the Options, provided that: (i) the grants are expressly subject to shareholder re-approval of the Plan and cannot be exercised unless and until such approval is obtained; and (ii) if shareholder approval is not obtained, the Options will automatically terminate and be cancelled without any further action or compensation. The Company intends to seek re-approval of the Plan at its next annual general meeting of shareholders.

All Shares issued upon exercise of the Options will be subject to a hold period of four months and one day from the date of grant in accordance with applicable securities legislation and the policies of the CSE.

The Company's 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 37 contiguous mineral tenures totaling 37,022.88 hectares in southeastern British Columbia, within the Slocan Mining District and Revelstoke Mining District.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding: the Company's intention to seek shareholder re-approval of the Plan at its next annual general meeting of shareholders; the anticipated timing of the annual general meeting; and the conditions under which the Options may be exercised or will terminate.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to: the Company's ability to hold its annual general meeting as anticipated; the Company obtaining the necessary shareholder approvals; and general market and business conditions.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the risk that the Company may not obtain shareholder re-approval of the Plan; general economic, market and business conditions; and regulatory risks.

The forward-looking statements herein are made as of the date of this news release only, and the Company does not undertake to update any forward-looking information, except as required by applicable securities laws. Readers are cautioned not to place undue reliance on forward-looking 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/311928

Source: Silver Pony Resources Corp.