Homerun Resources Inc. Extends Term of 1,675,054 Warrants

Homerun Resources extends the expiry of over 1.6 million private placement warrants by one year while keeping the $2.00 exercise price unchanged.

Rhea-AI Summary

Homerun Resources (HMRFF) has extended the term of 1,675,054 common share purchase warrants by one year to October 28, 2027. These warrants were originally issued on October 28, 2024 under a private placement financing and had a two-year term with an exercise price of $2.00.

The company states that the $2.00 exercise price per warrant will remain unchanged despite the extension of the expiry date. The announcement includes standard forward-looking statement cautions under applicable securities legislation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - September 3, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") announces that it has extended the term of 1,675,054 common share purchase warrants (the "Warrants") by one (1) year, to October 28, 2027. The Warrants were issued October 28, 2024 pursuant to a private placement financing, with an exercise price of $2.00 for 2 years. The Warrants' exercise price will remain unchanged.

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/312922

FAQ

What warrant change did Homerun Resources (HMRFF) announce on September 3, 2026?

Homerun Resources announced that it has extended the term of 1,675,054 common share purchase warrants by one year, so they now expire on October 28, 2027. The warrants were issued under a prior private placement financing.

How many Homerun Resources (HMRFF) warrants are affected by the term extension?

The term extension applies to 1,675,054 common share purchase warrants. These warrants were originally issued on October 28, 2024 as part of a private placement financing and had an initial two-year term before the newly announced one-year extension.

What is the exercise price of the extended Homerun Resources (HMRFF) warrants?

The extended warrants have an exercise price of $2.00 per common share. Homerun Resources stated that the warrants’ exercise price will remain unchanged despite extending their expiry date to October 28, 2027 from the original two-year term.

When were the Homerun Resources (HMRFF) warrants originally issued and when do they now expire?

The warrants were originally issued on October 28, 2024 pursuant to a private placement financing with a two-year term. After the announced extension, the new expiry date for these 1,675,054 warrants is October 28, 2027.