Homerun Resources Inc. Closing of Halocell Europe Acquisition
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has completed the acquisition of Halocell Europe SRL, which will be renamed to Homerun Energy SRL. The acquisition terms include:
- 1.1 million Homerun common shares issued to Halocell Energy
- AU$600,000 investment in Halocell Energy (5 million shares)
The deal includes escrow restrictions on share sales, with Consideration Shares locked for 4 months followed by a 100,000 monthly sale limit. Similarly, Halocell Energy Shares have a 4-month lock-up period with a 500,000 monthly sale limit. Both parties must provide 30-day notice before selling shares.
Additionally, Halocell Energy granted a perpetual, royalty-free patent license to Halocell Europe. The company also issued 2.1 million stock options at $1.50 per share with a 5-year expiry, and announced the exercise of 7,514,000 warrants from March 2023 at $0.20.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha completato l'acquisizione di Halocell Europe SRL, che sarà rinominata Homerun Energy SRL. I termini dell'acquisizione includono:
- 1,1 milioni di azioni ordinarie di Homerun emesse a Halocell Energy
- Investimento di 600.000 AUD in Halocell Energy (5 milioni di azioni)
Il contratto prevede restrizioni di deposito sulle vendite di azioni, con le Azioni di Considerazione bloccate per 4 mesi, seguite da un limite di vendita mensile di 100.000. Allo stesso modo, le Azioni di Halocell Energy hanno un periodo di blocco di 4 mesi con un limite di vendita mensile di 500.000. Entrambe le parti devono fornire un preavviso di 30 giorni prima di vendere azioni.
Inoltre, Halocell Energy ha concesso una licenza perpetua e senza diritti d'autore a Halocell Europe. L'azienda ha anche emesso 2,1 milioni di opzioni su azioni a 1,50 $ per azione con una scadenza di 5 anni e ha annunciato l'esercizio di 7.514.000 warrant da marzo 2023 a 0,20 $.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha completado la adquisición de Halocell Europe SRL, que será renombrada como Homerun Energy SRL. Los términos de la adquisición incluyen:
- 1,1 millones de acciones ordinarias de Homerun emitidas a Halocell Energy
- Inversión de 600,000 AUD en Halocell Energy (5 millones de acciones)
El acuerdo incluye restricciones de depósito sobre las ventas de acciones, con las Acciones de Consideración bloqueadas durante 4 meses, seguidas de un límite de venta mensual de 100,000. De manera similar, las Acciones de Halocell Energy tienen un período de bloqueo de 4 meses con un límite de venta mensual de 500,000. Ambas partes deben proporcionar un aviso de 30 días antes de vender acciones.
Además, Halocell Energy otorgó una licencia perpetua y libre de regalías a Halocell Europe. La empresa también emitió 2,1 millones de opciones sobre acciones a 1,50 $ por acción con un vencimiento de 5 años y anunció el ejercicio de 7,514,000 warrants de marzo de 2023 a 0,20 $.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF)는 Halocell Europe SRL의 인수를 완료했으며, 이는 Homerun Energy SRL로 이름이 변경될 것입니다. 인수 조건은 다음과 같습니다:
- Halocell Energy에 발행된 110만 주의 Homerun 보통주
- Halocell Energy에 대한 60만 호주 달러의 투자 (500만 주)
이번 거래는 주식 판매에 대한 에스크로 제한을 포함하고 있으며, 고려 주식은 4개월 동안 잠금 상태이며, 이후에는 월 10만 주의 판매 한도가 있습니다. 마찬가지로 Halocell Energy 주식은 4개월의 잠금 기간이 있으며, 월 50만 주의 판매 한도가 있습니다. 양 당사자는 주식을 판매하기 전에 30일 전 통지를 제공해야 합니다.
또한 Halocell Energy는 Halocell Europe에 대해 영구적이고 로열티가 없는 특허 라이센스를 부여했습니다. 회사는 또한 주당 1.50달러로 210만 주의 스톡 옵션을 발행했으며, 5년의 만기를 가지고 있고, 2023년 3월에 0.20달러로 7,514,000개의 워런트를 행사한다고 발표했습니다.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) a finalisé l'acquisition de Halocell Europe SRL, qui sera renommée Homerun Energy SRL. Les conditions de l'acquisition comprennent :
- 1,1 million d'actions ordinaires de Homerun émises à Halocell Energy
- Investissement de 600 000 AUD dans Halocell Energy (5 millions d'actions)
L'accord comprend des restrictions sur la vente d'actions, avec des Actions de Considération bloquées pendant 4 mois, suivies d'une limite de vente mensuelle de 100 000. De même, les Actions de Halocell Energy ont une période de blocage de 4 mois avec une limite de vente mensuelle de 500 000. Les deux parties doivent donner un préavis de 30 jours avant de vendre des actions.
De plus, Halocell Energy a accordé une licence de brevet perpétuelle et sans redevance à Halocell Europe. L'entreprise a également émis 2,1 millions d'options d'achat d'actions à 1,50 $ par action avec une expiration de 5 ans, et a annoncé l'exercice de 7 514 000 bons de souscription de mars 2023 à 0,20 $.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) hat die Übernahme von Halocell Europe SRL abgeschlossen, die in Homerun Energy SRL umbenannt wird. Die Übernahmebedingungen umfassen:
- 1,1 Millionen Homerun-Stammaktien, die an Halocell Energy ausgegeben werden
- 600.000 AUD Investition in Halocell Energy (5 Millionen Aktien)
Der Deal beinhaltet Treuhandbeschränkungen für den Aktienverkauf, wobei die Berücksichtigungsaktien für 4 Monate gesperrt sind, gefolgt von einer monatlichen Verkaufsgrenze von 100.000. Ebenso haben die Halocell Energy-Aktien eine 4-monatige Sperrfrist mit einer monatlichen Verkaufsgrenze von 500.000. Beide Parteien müssen 30 Tage im Voraus benachrichtigen, bevor sie Aktien verkaufen.
Darüber hinaus hat Halocell Energy eine ewige, lizenzgebührenfreie Patentlizenz an Halocell Europe gewährt. Das Unternehmen hat außerdem 2,1 Millionen Aktienoptionen zu einem Preis von 1,50 $ pro Aktie mit einer Laufzeit von 5 Jahren ausgegeben und die Ausübung von 7.514.000 Warrants aus März 2023 zu 0,20 $ angekündigt.
- Acquisition includes perpetual royalty-free patent license
- 7.51M warrants exercised, indicating investor confidence
- Strategic expansion through acquisition completion
- Share dilution from 1.1M new shares issued
- AU$600,000 cash investment required
- Additional dilution from 2.1M stock options granted
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that further to the Company's News Release of December 16, 2024, Homerun has closed the Acquisition of Halocell Europe SRL (Halocell Europe) from Halocell Energy. Halocell Europe will undergo a name change to Homerun Energy SRL.
ACQUISITION TERMS
The consideration which has been paid by Homerun to Halocell Energy for the Acquisition:
(a) 1,100,000 common shares of Homerun (the "Consideration Shares"); and
(b) AU
The Consideration Shares issued by the Company are subject to the following escrow restrictions:
(a) no Consideration Shares can be sold for four months after issue;
(b) after the four-month escrow period, the Consideration Shares are restricted to selling a maximum of 100,000 shares per month; and
(c) Halocell Energy must give Homerun 30 days' notice of its intention to sell Consideration Shares.
The Halocell Energy Shares purchased by the Company are subject to the following escrow restrictions:
(a) no Halocell Energy Shares can be sold for four months after issue;
(b) after this four-month escrow period, Homerun is restricted to selling a maximum of 500,000 shares per month; and
(c) Homerun must give Halocell Energy 30 days' notice of its intention to sell shares.
Under the terms of the acquisition, Halocell Energy has granted Halocell Europe a non-exclusive, non-transferable, royalty free, perpetual licence to use and exploit the Patent Rights of Halocell Energy.
Further, the Company has granted 2.1 million stock options to officers and consultants of the company. The options have an exercise price of
The Company also announces that the 7,514,000 warrants issued under the
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Advanced Materials
- Operating through ownership and partnerships to control two of Brazil's premier Silica Districts with in-place logistics.
- Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.
- Developing silicon carbide and thermoelectric materials for next-generation battery solutions.
Energy Solutions
- Building Latin America's first dedicated high-efficiency solar glass manufacturing facility (365,000t/yr capacity).
- Commercializing the integration of Perovskite PV on solar glass technology (PSC is at +
25% solar efficiency and now commercializing globally as Tandem Solar). - Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
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)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (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/243544
FAQ
What are the key terms of Homerun Resources (HMRFF) acquisition of Halocell Europe?
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