
Homerun Resources Inc. Announces up to $15 Million Convertible Security Financing with Lind Partners Under Engagements with Benchmark/Stonex
Newsfile Corp
公開日時: Jul 08, 2026, 10:47 PM
Sentiment Analysis
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.
Under the CSFA, the convertible security issued in respect of the Initial Tranche has a 24-month term and a face value of C$2,200,000, comprised of C$2,000,000 principal and C$200,000 of pre-paid interest.
The CSFA also provides for 1,600,000 warrants to be issued to Lind in connection with the Initial Tranche, representing 50% warrant coverage on the Initial Tranche.
Source: Newsfile Corp
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