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19:39:19 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Homerun Resources Inc
Symbol HMR
Shares Issued 33,261,295
Close 2022-06-22 C$ 0.10
Market Cap C$ 3,326,130
Recent Sedar Documents

Homerun has conditional TSX-V OK for placement tranche

2022-06-24 18:32 ET - News Release

Casey Subject: Homerun Resources Word Document File: '\\office\emailin\20220624 152520 Attachment HMRNRJUN24 - Conditional Approval.docx' June 24, 2022 TSX-V: HMR HOMERUN RESOURCES INC. GRANTED CONDITIONAL APPROVAL Vancouver, B.C.: Homerun Resources Inc. ("HMR" or the "Company") (TSX-V: HMR) is pleased to announce that further to its June 16, 2022 news release, the Company has received Conditional Approval from the TSX Venture Exchange to close the first tranche of its $0.15 Unit private placement financing (the "Financing"), for aggregate gross proceeds of $300,000. On closing of this first tranche, the Company will issue 2,000,000 common shares and 2,000,000 common share purchase warrants exercisable at $0.25 per common share for a period of 12 months from issuance, subject to the right of the Company to accelerate the exercise period to 30 days if, after the expiry of the 4-month hold, shares of the Company close at or above $0.50 for 10 consecutive trading days. Nexvu Capital Corp., a company with directors in common with HMR, participated in the first tranche of the Financing for $150,000, that portion of the Financing a "related party transaction" as such term is defined under MI 61-101 - Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company's market capitalization. All securities issued pursuant to the Financing are subject to a 4-month hold. About Homerun Resources Homerun Resources Inc. (TSX-V: HMR) holds the 30,970-hectare (76,529 acre) Homathko Gold Project located in the Caribou Regional District, 190 kilometres southwest of Williams Lake, British Columbia, Canada. The property is located directly south of the Kingfisher Metals Goldrange Property. The Homathko Project is a mesothermal lode gold type, drill-ready prospect in a formerly glaciated area of the eastern margin of the southern Pacific Coastal Range, located strategically along the same regional fault network as the Bralorne Deposit and the nearby Goldrange Property. Grab samples from the Homathko Gold Project have yielded up to 384 g/t gold. For more information visit https://www.homerunres.com/. On behalf of the Board of Directors of Homerun Resources Inc. "Brian Leeners" Brian Leeners, CEO & Director Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information please contact: Brian Leeners, CEO and Director brianleeners@gmail.com Greg Pearson, Corporate Development gtpearson48@gmail.com 1-250-545-1299

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