HOMERUN RESOURCES INC. RECEIVES CONDITIONAL APPROVAL FROM THE TSXV FOR $6M FINANCING WITH INSTITUTIONAL INVESTOR

Homerun Resources Inc. has achieved a significant financing milestone with the TSX Venture Exchange granting conditional approval for its $6 million private placement with institutional investor Sorbie Bornholm LP. The financing, which was originally announced on June 16, 2025, represents a substantial capital injection for the Vancouver-based exploration company.

The involvement of an arm's length institutional investor signals confidence in Homerun's project portfolio and management team. Institutional backing often provides validation for junior exploration companies and can attract additional investment interest from both retail and sophisticated investors. The $6 million raise is considerable for a TSXV-listed company and should provide significant working capital for advancing the company's exploration activities.

The conditional approval from the TSX Venture Exchange is a procedural milestone that brings the financing closer to completion. TSXV conditional approvals typically require fulfillment of standard regulatory conditions before final acceptance, which is generally considered routine for established companies with institutional backing.

This financing positions Homerun Resources to advance its exploration programs and potentially pursue new opportunities in the current market environment. The company's ability to secure institutional investment in today's challenging capital markets demonstrates strong fundamentals and investor appeal, which bodes well for future capital requirements and strategic development initiatives.