Funding
Silver Pony Resources Closes Up-Sized $1.3 million Flow-Through Offering for BC Exploration
By News Desk ·
Key takeaways
- Silver Pony Resources closed an up-sized non-brokered private placement for total gross proceeds of $1.3 million.
- The company issued 5,652,326 flow-through common shares at $0.23 each and paid $88,587 in finder's fees.
- Proceeds will fund exploration advancements and other exploration costs at the Silver Pony Project in British Columbia.
Silver Pony Resources Corp. closed an up-sized non-brokered private placement for total gross proceeds of $1.3 million, issuing 5,652,326 flow-through common shares at $0.23 each. The company said the offering was upsized from its previously announced placement. Aktien published the announcement on October 22, 2026.
Silver Pony's Flow-Through Share Terms
Each share issued in the offering is a flow-through share within the meaning of the Income Tax Act (Canada). Silver Pony Resources said the gross proceeds will be used for exploration advancements and various other exploration costs at the Silver Pony Project in British Columbia, which are intended to qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures under the Tax Act.
In connection with the offering, the company paid finder's fees of $88,587 and issued 385,163 finder's warrants to certain finders. Each finder's warrant is exercisable into one common share for twenty-four months after issuance at an exercise price of $0.23. All securities issued in the offering are subject to a statutory hold period expiring four months and one day after the date of issuance, in accordance with National Instrument 45-102.
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.
Silver Pony's Project Scale and Prior Moves
According to akta.pro company records, Silver Pony Resources is a publicly traded Canadian mineral exploration company advancing a 37,000-hectare district-scale silver-gold project in British Columbia's Lardeau Mining District. The records list 48 known prospects across 11 mineralized trends, with historic surface samples returning grades up to 12,147 g/t silver and 63 g/t gold, and about 60 km of cumulative mineralized strike across 11 distinct mineralized trends.
| Record | Figure |
|---|---|
| Project area | 37,000 hectares |
| Cumulative mineralized strike | ~60 km |
| Known prospects | 48 across 11 mineralized trends |
Earlier Silver Pony Funding and Drilling Steps
On October 14, 2026, Silver Pony Resources announced a non-brokered private placement of up to 4,347,826 flow-through shares at $0.23 each, raising up to $1 million, with closing expected around October 23, 2026, according to FinanzNachrichten.de. On October 8, 2026, the company said it completed its maiden drill program at the Silver Pony Project, with ten holes totaling 2,280.17 meters, and that all six Revelstoke Trend holes intersected stacked sulphide mineralization including galena and pyrite, with assays pending, Aktien reported. On September 15, 2026, Silver Pony Resources entered a five-month communications agreement with Bai Media Group for €110,000 and agreed to issue 200,000 shares at $0.15225 each to settle $30,450 in unpaid consultant fees, according to FinancialContent Business Page.
Silver Pony's Updated Investor Materials
The company said its updated website and investor materials can be accessed through its site.