Mr. Brian Leeners reports
HOMERUN RESOURCES INC. ANNOUNCES SETTLEMENTS FROM SORBIE SHARING AGREEMENT
Homerun Resources Inc. has provided details of the monthly settlements received from the previously announced $6-million financing with Sorbie Bornholm LP (see news release dated Dec. 8, 2025).
The first settlement under the sharing agreement was dated Dec. 15, 2025, for total gross proceeds of $206,784.86, representing a 96.03-cent sharing arrangement transaction final price, making the Sorbie effective price 76.82 cents per share. The escrow agent released 269,167 shares. A total of 206,667 warrants were issued from the company's treasury at an exercise price of $1.28, with the expiry on Dec. 19, 2028.
The second settlement was dated Jan. 15, 2026, for total gross proceeds of $223,645.48, representing a $1.0386 sharing agreement transaction final price making the Sorbie effective price 83.09 cents per share. The escrow agent released 269,167 shares. A total of 186,667 warrants were issued from the company's treasury at an exercise price of $1.25, with an expiry on Jan. 12, 2029.
As a further item, Homerun has also agreed to the terms of a media service contract with Market One Media Group Inc. pursuant to which Market One will create tailored marketing programs for the company. Homerun will pay Market One $202,000 plus applicable taxes for these services, and the Market One contract will have a term of 12 months. Market One provides on-camera interviews for broadcast on BNN Bloomberg, lead generation services, editorial content and on-line video services to its extensive roster of publicly listed companies.
The company does not propose to issue any securities to Market One in consideration for the services to be provided to the company. Market One currently holds no securities in Homerun.
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.
- Silica: secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials;
- Solar: development of Latin America's first dedicated 1,000-tonne-per-day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance;
- Energy storage: advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility;
- Energy solutions: artificial-intelligence-enabled energy management, control systems and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.
With disciplined execution, strategic partnerships and an unwavering commitment to best-in-class environmental, social and governance practices, Homerun is focused on converting milestones into markets -- creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.
We seek Safe Harbor.
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