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Financings

Homerun receives $197,000 settlement

By The Northwire Desk — AI Analysis Feb 13, 2026 · 18:55 HMR · 0.91 Homerun Resources Inc.
HMR · Price

Executive Summary

  • Homerun Resources Inc. announced the third monthly settlement under a previously announced $6-million financing agreement with Sorbie Bornholm LP.
  • The settlement involved the release of shares from escrow and the issuance of warrants, with specific pricing and quantity details provided for the transaction.
  • This release provides material financial details regarding the execution of the Sorbie sharing agreement, including effective share prices and warrant terms.

Key Details

  • Settlement Date: February 10, 2026.
  • Gross Proceeds: $197,049.86.
  • Sharing Agreement Price: 92.85 cents per share.
  • Effective Price: 74.28 cents per share.
  • Shares Released: 269,167 shares released from the escrow agent.
  • Warrants Issued: 186,667 warrants issued from the company's treasury.
  • Warrant Exercise Price: $1.11.
  • Warrant Expiry: February 10, 2029.
  • Context: This is the third settlement under the $6-million financing announced on December 8, 2025.

Notable Quotes

  • None provided in the text.
Read the original news release →

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