Homerun Resources receives settlements from Sorbie financing agreement

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) received two monthly settlements totaling $430,430.34 from its previously announced CDN$6 million financing arrangement with Sorbie Bornholm LP, according to a company statement.

The first settlement, dated December 15, 2025, generated gross proceeds of $206,784.86 at a transaction final price of $0.9603 per share, resulting in a Sorbie effective price of $0.7682 per share. The company released 269,167 shares from escrow and issued 206,667 warrants at an exercise price of $1.28, expiring December 19, 2028.

The second settlement on January 15, 2026, produced gross proceeds of $223,645.48 at a transaction final price of $1.0386 per share, with a Sorbie effective price of $0.8309 per share. Another 269,167 shares were released from escrow, and 186,667 warrants were issued at $1.25 per share, expiring January 12, 2029.

Separately, Homerun entered into a 12-month media services contract with Market One Media Group Inc. for $202,000 plus applicable taxes. Market One will provide marketing programs including BNN Bloomberg interviews, lead generation services, editorial content, and online video services. The company stated it will not issue securities to Market One for these services, and Market One currently holds no Homerun securities.

Homerun operates across silica, solar, energy storage, and energy solutions sectors, with operations centered around a silica resource in Bahia, Brazil.

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