{"id":4668,"date":"2025-06-16T18:22:24","date_gmt":"2025-06-17T00:22:24","guid":{"rendered":"https:\/\/homerunresources.com\/?p=4668"},"modified":"2025-06-16T18:22:27","modified_gmt":"2025-06-17T00:22:27","slug":"homerun-resources-inc-executes-binding-term-sheet-with-institutional-investor-for-6-million-financing","status":"publish","type":"post","link":"https:\/\/homerunresources.com\/pt\/homerun-resources-inc-executes-binding-term-sheet-with-institutional-investor-for-6-million-financing\/","title":{"rendered":"HOMERUN RESOURCES INC. EXECUTES BINDING TERM SHEET WITH INSTITUTIONAL INVESTOR FOR $6 MILLION FINANCING"},"content":{"rendered":"

Vancouver, BC: Homerun Resources Inc. (\u201cHomerun\u201d ou a \u201cEmpresa\u201d) (TSXV: HMR) (OTCQB: HMRFF) <\/strong>is pleased to announce that it has executed a binding term sheet with an arm\u2019s length institutional investor (the \u201cInvestor<\/strong>\u201d) in connection with a proposed financing for $6,000,000.00 (CAD) (the \u201cOffering<\/strong>\u201d). The Offering will consist of the issuance of 6,000,000 units of the Company (the “Units<\/strong>“) at a price of $1.00 (CAD) per Unit. The Offering proceeds from the Investor will be deposited with a third-party escrow agent and delivered to the Company in monthly tranches of $250,000 (CAD) over the next 24 months, pursuant to the terms and conditions of a sharing agreement and an escrow agreement to be dated and executed on the closing of the Offering. Additional details about the Offering structure will be provided in the closing news release.<\/p>\n\n\n\n

Each Unit shall be comprised of one (1) common share (\u201cShares<\/strong>\u201d) of the Company and one (1) common share purchase warrant (\u201cWarrant<\/strong>\u201d). The Shares will be released from escrow in equal installments of 212,225 Shares over the 24-month period from the closing date, with each release contingent upon the corresponding cash payment being delivered to the Company. Each Warrant shall be exercisable for a period of three (3) years. Of the 6,000,000 Warrants to be issued, 1,500,000 Warrants shall be exercisable at an exercise price of $1.18 (CAD). The remainder of the Warrants will be released from escrow in equal installments over a 24-month period. Each Warrant will have an exercise price equal to a 20% premium to the volume-weighted average trading price (VWAP) of the Company\u2019s shares on the TSX Venture Exchange for the five trading days immediately preceding the date of each release. The Warrants will also include an equity blocker provision that prohibits the holder from exercising any portion of the Warrants if such exercise would result in the holder owning more than 9.99% of the Company\u2019s outstanding Shares.<\/p>\n\n\n\n

The Investor will receive a corporate finance fee of $360,000, payable via the issuance of 360,000 Shares on the terms noted above.<\/p>\n\n\n\n

The Company intends to rely on the listed issuer financing exemption under Part 5A of National Instrument 45-106 \u2013 Prospectus Exemptions <\/em>for the Offering, and the Shares and Warrants will not be subject to restrictions on resale. There will be an offering document related to the Offering that will be available under the Company’s profile at www.sedarplus.ca<\/a> and at www.homerunresources.com<\/a>. Prospective investors should read this offering document before making an investment decision. Closing of the Offering is subject to several conditions, including receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange.<\/p>\n\n\n\n

The Company has agreed to pay a non-refundable due diligence deposit of $100,000 (CAD) (the \u201cDeposit Shares<\/strong>\u201d) via the issuance of 100,000 Shares of the Company at a deemed issue price of $1.00 (CAD) per Share.\u00a0 The Deposit Shares will be subject to a statutory four month hold period in accordance with applicable securities laws.<\/p>\n\n\n\n

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Extension and Repricing of Previously Announced Financing:<\/strong><\/p>\n\n\n\n

Further to Homerun\u2019s press release disseminated on 21 de mar\u00e7o de 2025<\/a>, the Company is extending and repricing the terms within its previously announced non-brokered private placement. The repriced Financing consists of the issuance of up to 3,000,000 units at a price of $1.00 (CAD) for gross proceeds of up to $3,000,000 (CAD). Each unit consists 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 $1.30 (CAD) for 24 months.<\/p>\n\n\n\n

Brian Leeners, CEO of Homerun stated, \u201cOut of respect for the investors who have been patient through our process of onboarding an institutional investor, we wanted to ensure that these investors are placed alongside that investor at a price that reflects the market pricing during that period. We thank all our long-term stakeholders for your patience, and we are excited about the future growth of Homerun.\u201d<\/p>\n\n\n\n

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Sobre Homerun<\/strong> (www.homerunresources.com<\/a>)<\/p>\n\n\n\n

A Homerun (TSXV: HMR) \u00e9 l\u00edder em materiais verticalmente integrados, revolucionando solu\u00e7\u00f5es de energia verde por meio de tecnologias avan\u00e7adas de s\u00edlica. Como uma for\u00e7a emergente fora da China para inova\u00e7\u00e3o em s\u00edlica de quartzo de alta pureza (HPQ), a empresa controla toda a vertical industrial, desde a extra\u00e7\u00e3o de mat\u00e9ria-prima at\u00e9 solu\u00e7\u00f5es de \u00faltima gera\u00e7\u00e3o em energia solar, baterias e armazenamento de energia. Nossa estrat\u00e9gia de integra\u00e7\u00e3o vertical bimotor combina:<\/p>\n\n\n\n

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Materiais Avan\u00e7ados Homerun<\/strong><\/p>\n\n\n\n