Carlyle Closes Unit Offering, Announces Equity Offerings to Consultant Page 1

Vancouver, British Columbia–(Newsfile Corp. – August 19, 2024) – CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTC pink: CCCFF) (“Carlyle” or the “Company“) is pleased to announce that, further to the press releases dated June 6, 2024 and July 5, 2024, it has closed the second and final tranche of the previously announced non-brokered private placement for gross proceeds totaling $249,000 (the “Second tranche“) through the issuance of 6,225,000 units of the Company (each a “Unit“) at a price of $0.04 per unit. Together with the proceeds from the first tranche of the private placement, the company raised a total of $349,000 and issued a total of 8,725,000 units.

Each unit consists of one ordinary share in the capital of the company (each a “Part“) and one warrant for the purchase of shares (each a “bail“), each Warrant entitling its holder to purchase one additional Share (each a “Warrant share“) at a price of $0.10 per Warrant Share for a period of thirty-six months following the date of issuance.