HOMERUN RESOURCES INC. CLOSES $6M FINANCING WITH INSTITUTIONAL INVESTOR SORBIE BORNHOLM LP

Homerun Resources Inc. has successfully completed a significant financing milestone, closing a $6 million private placement with institutional investor Sorbie Bornholm LP at a unit price of $1.00. The transaction, which was previously announced on June 16, 2025, represents a substantial capital injection for the Vancouver-based resource company.

The financing structure involved the sale of units to an arm's length institutional investor, demonstrating institutional confidence in Homerun's business strategy and prospects. At $1.00 per unit, the pricing suggests the company was able to secure financing on favorable terms, avoiding significant dilution that often accompanies distressed fundraising in the junior resource sector.

This $6 million capital infusion positions Homerun Resources to advance its operational objectives and provides the financial flexibility necessary for a resource company to execute on its business plan. The successful closure with an institutional investor like Sorbie Bornholm LP also validates the company's investment thesis and may attract additional institutional interest going forward.

For the broader junior resource sector, this financing demonstrates that quality companies with solid fundamentals can still access institutional capital even in challenging market conditions. The successful completion of this offering may serve as a positive signal for other companies seeking to raise capital in the current environment.