00:21:37 EDT Thu 23 Apr 2026
Enter Symbol
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Homerun Resources Inc
Symbol HMR
Shares Issued 76,666,618
Close 2026-04-22 C$ 0.81
Market Cap C$ 62,099,961
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Homerun receives $182,839 settlement from Sorbie

2026-04-22 17:45 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. ANNOUNCES SETTLEMENT 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 on Dec. 8, 2025.

The fifth settlement was dated April 9, 2026, for total gross proceeds of $182,839.76, representing an 84.91-cent sharing agreement transaction final price, making the Sorbie effective price is 67.93 cents per share. Two hundred sixty-nine thousand one hundred sixty-seven shares were released from escrow agent. One hundred eighty-six thousand six hundred sixty-seven warrants were issued from the company's treasury at an exercise price of $1.02, with expiry on April 9, 2029.

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.

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