Homerun Resources Inc. Announces Settlements from Sorbie Sharing Agreement

Rhea-AI Summary

Homerun Resources (OTCQB: HMRFF, TSXV: HMR) reported monthly settlements under its previously announced CDN$6,000,000 sharing agreement with Sorbie Bornholm LP. The Dec 15, 2025 settlement generated $206,784.86 (Sorbie Effective Price $0.7682); 269,167 shares were released and 206,667 warrants issued at $1.28 expiry Dec 19, 2028. The Jan 15, 2026 settlement generated $223,645.48 (Sorbie Effective Price $0.8309); 269,167 shares were released and 186,667 warrants issued at $1.25 expiry Jan 12, 2029. The company also contracted Market One for marketing services for $202,000 plus taxes over 12 months; no securities will be issued for these services.

Positive

• Received $206,784.86 on Dec 15, 2025
• Received $223,645.48 on Jan 15, 2026
• Access to ongoing financing under a CDN$6,000,000 sharing agreement

Negative

• Released 538,334 shares from escrow across two settlements (269,167 each)
• Issued 393,334 warrants from treasury, creating potential dilution
• Committed $202,000 plus taxes for 12-month marketing services

News Market Reaction

-1.01%

1 alert

-1.01% News Effect

On the day this news was published, HMRFF declined 1.01%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 15^th, 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.

The second settlement was dated January 15^th, 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.

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.

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.

About Homerun (www.homerunresources.com / www.homerunenergy.com)

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.

• ⁠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.
• Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
• ⁠Energy Solutions: AI-enabled 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 practices, Homerun is focused on converting milestones into markets—creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280924

FAQ

What did Homerun Resources (HMRFF) receive from the Dec 15, 2025 Sorbie settlement?

Homerun received $206,784.86, released 269,167 shares from escrow and issued 206,667 warrants at $1.28 expiring Dec 19, 2028.

What were the terms of the Jan 15, 2026 Sorbie settlement for HMRFF?

Homerun received $223,645.48, released 269,167 shares from escrow and issued 186,667 warrants at $1.25 expiring Jan 12, 2029.

How much did Homerun agree to pay Market One for marketing services?

Homerun agreed to pay Market One $202,000 plus applicable taxes for a 12-month contract; no securities will be issued for the services.

How many warrants did Homerun issue in total from these two settlements?

Homerun issued 393,334 warrants in total (206,667 + 186,667) from treasury.

Do Market One hold any Homerun (HMRFF) securities as part of the contract?

No; Market One currently holds no securities in Homerun and will receive no securities for the contract.