Business
Homerun Resources Inc. Announces Settlements from Sorbie Sharing Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to provide details of the monthly settlements received from the previously announced CDN$6,000,000 financing with Sorbie Bornholm LP (see News Release dated December 8, 2025).The first settlement under the Sharing Agreement, was dated December 15th, 2025 for total gross proceeds of $206,784.86 representing a $0.9603 Sharing Arrangement...
About this update from Homerun Resources Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to provide details of the monthly settlements received from the previously announced CDN$6,000,000 financing with Sorbie Bornholm LP (see News Release dated December 8, 2025).","length":362,"tagName":"p"},{"type":"text","content":"The first settlement under the Sharing Agreement, was dated December 15th, 2025 for total gross proceeds of $206,784.86 representing a $0.9603 Sharing Arrangement Transaction Final Price making the "Sorbie Effective Price" $0.7682 per share. 269,167 shares were released from escrow agent. 206,667 warrants were issued from the Company's treasury at an exercise price of $1.28, with expiry on December 19, 2028.","length":425,"tagName":"p"},{"type":"text","content":"The second settlement was dated January 15th, 2026 for total gross proceeds of $223,645.48 representing a $1.0386 Sharing Agreement Transaction Final Price making the "Sorbie Effective Price" $0.8309 per share. 269,167 shares were released from escrow agent. 186,667 warrants were issued from the Company's treasury at an exercise price of $1.25, with expiry on January 12, 2029.","length":393,"tagName":"p"},{"type":"text","content":"As a further item, Homerun Resources Inc. has also agreed to the terms of a media services contract (the "Market One Contract") with Market One Media Group Inc. ("Market One") pursuant to which Market One will create tailored marketing programs for the Company. Homerun will pay Market One $202,000 plus applicable taxes for these services and the Market One Contract will have a term of 12 months. Market One provides on camera interviews for broadcast on BNN Bloomberg, lead generation services, editorial content, and online video services to its extensive roster of publicly listed companies.","length":616,"tagName":"p"},{"type":"text","content":"The Company does not propose to issue any securities to Market One in consideration for the services to be provided to the Company. Market One currently holds no securities in Homerun.","length":184,"tagName":"p"},{"type":"text","content":"About Homerun (www.homerunresources.com / www.homerunenergy.com)","length":64,"tagName":"p"},{"type":"text","c...