Mr.
Brian Leeners reports
HOMERUN RESOURCES INC.
ANNOUNCES SETTLEMENT FROM SORBIE SHARING AGREEMENT
Homerun Resources Inc. has provided details of the monthly settlements received from the previously announced $6-million financing with Sorbie Bornholm LP on Dec. 8, 2025.
The fourth settlement was dated March 10, 2026, for total gross proceeds of $189,665.83, representing an 88.08-cent sharing agreement transaction final price, making the Sorbie effective price 70.46 cents per share. A total of 269,167 shares were released from the escrow agent. A total of 186,667 warrants were issued from the company's treasury at an exercise price of $1.06, with expiry on March 11, 2029.
About Homerun Resources Inc.
Homerun is building the silica-powered backbone of the energy transition across four focused verticals: silica, solar, energy storage and energy solutions. Anchored by a unique high-purity, low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value:
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Silica: secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials;
- Solar: development of Latin America's first dedicated 1,000-tonne-per-day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance;
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Energy storage: advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility;
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Energy solutions: AI-enabled (artificial intelligence) energy management, control systems and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.
With disciplined execution, strategic partnerships and an unwavering commitment to best-in-class ESG (environmental, social and governance) practices, Homerun is focused on converting milestones into markets -- creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.
We seek Safe Harbor.
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