Homerun Resources Inc. announces funding

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Vancouver, British Columbia–(Newsfile Corp. – February 15, 2024) – Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) (“Homerun” or the “Company”) is pleased to announce non-brokered private placement financings in aggregate amounts of up to $1,000,000. The financing will consist of up to 2 million units at 50 cents each, with each unit consisting of one common share of the company and one common stock purchase warrant, with each warrant for additional common shares at an exercise price of 75 cents. Exercisable for 24 months. . If the Company’s stock trades at or above $1.50 for 10 consecutive trading days, the warrants become subject to the Company’s rights and may accelerate the exercise of the warrants. Finder fees may apply to your financing in accordance with the policies of the TSX Venture Exchange. All securities issued pursuant to the Financing are subject to a four-month holding period. Proceeds from the financing will be used for general working capital and the continued development of the Company’s HPQ silica project in the global energy transition.

About home run resources
Homerun Resources focuses on business development in the critical and energy materials sectors. With a strong commitment to operational excellence, sustainability and building shareholder value, Homerun Resources Inc. is poised to make a lasting impact on these industries.

on behalf of the board of directors
Home Run Resource Co., Ltd.

“Brian Reiners”

Brian Reiners, CEO and Director
brianleaners@gmail.com / +1 604-862-4184 (WhatsApp)

Regarding the suitability or accuracy of this release

The information contained herein contains “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements relate to information that is based on management’s assumptions, predictions of future results and estimates of amounts that cannot yet be determined. Statements that express expectations, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance are not statements of historical fact and may be “forward-looking statements.”

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