Homerun Resources Inc. Announces up to $15 Million Convertible Security Financing with Lind Partners Under Engagements with Benchmark/Stonex
HIGHLIGHTS C$15 million financing with The Lind Partners: C$2.0 million initial tranche plus up to C$13.0 million of optional follow-on capital 24-month initial tranche term with six-month repayment holiday and monthly repayments thereafter Fixed conversion price of C$0.66 (10% premium to pre-announcement market price with 50% warrant coverage on the initial tranche) Structure provides flexibility for a future senior exchange uplisting and related strategic financings Benchmark engaged as exclusive placement agent for this financing and StoneX acting as non-exclusive financial advisor to the Company Financing is a bridge to larger-scale strategic capital while seeking to minimize shareholder dilution Vancouver, British Columbia--(Newsfile Corp. - July 8, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that it has entered into a convertible security funding agreement (the "CSFA") dated July 8, 2026 with Lind Global Fund III, LP, managed by The Lind Partners (collectively, "Lind"), in connection with a convertible security financing of up to C$15,000,000, consisting of an initial C$2,000,000 tranche at closing (the "Initial Tranche") and up to an additional C$13,000,000 in follow-on investments, subject to mutual agreement and applicable approvals. The Company expects the Initial Tranche funding to provide near-term working capital as Homerun advances its broader vertical financing strategy, including larger-scale capital solutions in support of its growth objectives and a potential future uplisting to a senior exchange.