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 seventh settlement was dated June 10, 2026, for total gross proceeds of $180,449.56, representing an 83.8-cent sharing agreement transaction final price, making the Sorbie effective price 67.04 cents per share. A total of 269,167 shares were released from the escrow agent and 186,667 warrants were issued from the company's treasury at an exercise price of $1.01, with expiry on June 10, 2029.
About Homerun Resources Inc.
Homerun is building the silica-powered backbone of the energy and technology transitions across multiple focused verticals: high-purity silica and advanced silica materials, solar, energy storage, and energy solutions. Anchored by a unique high-purity low-iron silica resource in the Silica Valley of Bahia, Brazil, Homerun is transforming raw silica sand into essential materials, products and technologies that accelerate clean energy and technology solutions 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 and technology materials;
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Solar: development of the first dedicated 1,000-tonne-per-day high-efficiency solar glass plant in the Americas and the commercialization of extra-clear, 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 and technology solutions in the Americas.
We seek Safe Harbor.
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