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Homerun Resources Inc. Announces Financing

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Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced a non-brokered private placement financing to raise up to $1,000,000. The offering consists of up to 769,231 units priced at $1.30 per unit. Each unit includes one common share and one warrant, exercisable at $2.00 for 24 months. The company retains the right to accelerate warrant exercise if shares trade at or above $3.00 for 10 consecutive trading days.

Finders' fees may apply, subject to TSX Venture Exchange policies. All securities will have a four-month hold period. Proceeds will be used for general working capital and development of Homerun's HPQ silica projects within the global energy transition sector.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha annunciato un finanziamento di collocamento privato non intermedia tramite un broker per raccogliere fino a $1.000.000. L'offerta consiste in un massimo di 769.231 unità a un prezzo di $1,30 per unità. Ogni unità include un'azione ordinaria e un warrant, esercitabile a $2,00 per 24 mesi. La società si riserva il diritto di accelerare l'esercizio del warrant se le azioni vengono negoziate a un valore pari o superiore a $3,00 per 10 giorni di negoziazione consecutivi.

Potrebbero applicarsi commissioni ai cercatori, in base alle politiche della Borsa di Toronto. Tutti i titoli avranno un periodo di blocco di quattro mesi. Il ricavato sarà utilizzato per il capitale di funzionamento generale e lo sviluppo dei progetti di silice HPQ di Homerun nel settore della transizione energetica globale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha anunciado un financiamiento de colocación privada no intermediado para recaudar hasta $1,000,000. La oferta consiste en hasta 769,231 unidades a un precio de $1.30 por unidad. Cada unidad incluye una acción común y una opción, ejercitable a $2.00 por 24 meses. La empresa se reserva el derecho de acelerar el ejercicio de la opción si las acciones se negocian a $3.00 o más durante 10 días de negociación consecutivos.

Podrían aplicarse honorarios a los buscadores, de acuerdo con las políticas de la Bolsa de Valores de Toronto. Todos los valores tendrán un período de retención de cuatro meses. Los ingresos se utilizarán para capital de trabajo general y el desarrollo de los proyectos de sílice HPQ de Homerun en el sector de la transición energética global.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF)는 $1,000,000까지 모금을 위한 비중개 사모 펀드 조성을 발표했습니다. 이번 공모는 $1.30 단위 가격으로 최대 769,231단위로 구성됩니다. 각 단위는 일반 주식 1주와 $2.00에 24개월 동안 행사 가능한 워런트를 포함합니다. 회사는 주식이 10일 연속 거래일 동안 $3.00 이상으로 거래될 경우 워런트 행사를 조기 시행할 권리를 보유합니다.

발견자 수수료가 적용될 수 있으며, 이는 TSX 벤처 거래소 정책에 따릅니다. 모든 증권은 4개월의 발행 금지 기간이 있습니다. 수익금은 일반 운영자본 및 Homerun의 HPQ 실리카 프로젝트 개발을 위해 사용될 것입니다 글로벌 에너지 전환 부문에서.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) a annoncé un financement de placement privé sans intermédiaire pour lever jusqu'à $1.000.000. L'offre se compose de jusqu'à 769.231 unités au prix de $1,30 par unité. Chaque unité comprend une action ordinaire et un bon de souscription, exerçable à $2,00 pendant 24 mois. La société se réserve le droit d'accélérer l'exercice des bons si les actions se négocient à ou au-dessus de $3,00 pendant 10 jours de négociation consécutifs.

Des frais de recherche peuvent s'appliquer, sous réserve des politiques de la Bourse de Toronto. Tous les titres auront une période de conservation de quatre mois. Le produit sera utilisé pour le fonds de roulement général et le développement des projets de silice HPQ d'Homerun dans le secteur de la transition énergétique mondiale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu $1.000.000 zu beschaffen. Das Angebot besteht aus bis zu 769.231 Einheiten zu einem Preis von $1,30 pro Einheit. Jede Einheit umfasst eine Stammaktie und einen Warrant, der bei $2,00 für 24 Monate ausgeübt werden kann. Das Unternehmen behält sich das Recht vor, die Ausübung des Warrants zu beschleunigen, wenn die Aktien 10 aufeinanderfolgende Handelstage lang bei oder über $3,00 gehandelt werden.

Finders‘ Fees können anfallen, vorbehaltlich der Richtlinien der TSX Venture Exchange. Alle Wertpapiere unterliegen einer viermonatigen Haltedauer. Die Erlöse werden für allgemeine Betriebsmittel und die Entwicklung von Homeruns HPQ-Siliziumprojekten im globalen Energiesektor verwendet.

Positive
  • Raising up to $1,000,000 through private placement financing
  • Warrants provide potential for additional capital at $2.00 per share
  • Accelerated warrant exercise clause if stock performs well
  • Funds allocated for working capital and development of HPQ silica projects
Negative
  • Potential dilution of existing shareholders due to new share issuance
  • Four-month hold period on new securities may limit short-term liquidity

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to $1,000,000. The financing will consist of up to 769,231 units at $1.30, each unit consisting of one common share of the company and one common share purchase warrant with each warrant being exercisable for an additional common share at an exercise price of $2.00 for 24 months. The warrants will be subject to the right of the company to accelerate the exercise of the warrants if the shares of the company trade at or above $3.00 for a period of 10 consecutive trading days. Finders' fees in accordance with TSX Venture Exchange policies may apply to the financing. All securities issued pursuant to the financing will be subject to a four-month hold. Proceeds from the financing will be used for general working capital and for the continuing development of the Company's HPQ silica projects within the global energy transition.

About Homerun Resources (https://homerunresources.com/)

Homerun is focused on the development of industrial materials and technologies that will contribute to meeting the world's clean energy and climate goals. The Company is listed on the TSX Venture Exchange under the symbol HMR.

On behalf of the Board of Directors of
Homerun Resources Inc.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Neither the TSX Venture Exchange nor its Regulation Services Provider 
(as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226150

FAQ

What is the price per unit in Homerun Resources' (HMRFF) private placement financing?

Homerun Resources Inc. is offering units at $1.30 each in its private placement financing.

How much is Homerun Resources (HMRFF) aiming to raise through this financing?

Homerun Resources Inc. is aiming to raise up to $1,000,000 through this non-brokered private placement financing.

What is the exercise price and duration of the warrants in Homerun Resources' (HMRFF) financing?

The warrants in Homerun Resources' financing have an exercise price of $2.00 and are valid for 24 months.

How will Homerun Resources (HMRFF) use the proceeds from this financing?

Homerun Resources will use the proceeds for general working capital and for the continuing development of its HPQ silica projects within the global energy transition.

HOMERUN RES INC

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