Original News Release
Homerun Resources closes $3.12-million financing
Mr. Brian Leeners reports
HOMERUN RESOURCES INC. GETS TSXV APPROVAL, CLOSES $3M PRIVATE PLACEMENT FINANCING
Homerun Resources Inc., further to its July 24, 2025, Sept. 22, 2025, Oct. 6, 2025, and Dec. 12, 2025, news releases, has received final approval from the TSX Venture Exchange and has now closed the $1 unit private placement financing for total aggregate gross proceeds of $3,128,384.
The company has issued a total of 3,128,384 units, 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 are 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 has paid cash finders' fees of $59,605 and issued 59,605 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.
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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