01:47:59 EST Mon 15 Dec 2025
Enter Symbol
or Name
USA
CA



Homerun Resources Inc
Symbol HMR
Shares Issued 64,081,179
Close 2025-12-11 C$ 1.25
Market Cap C$ 80,101,474
Recent Sedar Documents

Homerun seeks final approval for $3.12M placement

2025-12-12 12:52 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. FILES FOR CLOSING OF $3M PRIVATE PLACEMENT FINANCING

Further to Homerun Resources Inc.'s July 24, 2025, Sept. 22, 2025, and Oct. 6, 2025, news releases the company has filed documents with the TSX Venture Exchange seeking final approval of its $1.00-unit private placement financing, for total aggregate gross proceeds of $3,128,384.

Further, the company has closed a second and final tranche of the financing for aggregate gross proceeds of $1,560,384 and will issue 1,560,384 units, for a total of 3,128,384 units issued in the first and second tranches, each unit consisting of one common share of the company and one common share purchase warrant, the warrants being exercisable for an additional common share of the company at an exercise price of $1.30 for 24 months. The warrants will be subject to the right of the company to accelerate the exercise period of the warrants if shares of the company close at or above $2 for a period of 10 consecutive trading days.

Proceeds from the financing will be used for project payments, continuing development of the company's projects and general working capital. In connection with the financing and on receipt of exchange approval, the company will pay cash finders' fees of $31,150 and issue 31,150 non-transferable broker warrants. All securities issued pursuant to the financing are subject to a four-month-and-one-day hold period.

About Homerun Resources Inc.

Homerun is building the silica-powered backbone of the energy transition across four focused verticals: silica, solar, energy storage and energy solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

We seek Safe Harbor.

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