Homerun Resources Inc. (TSE:HMR) has released an update.
Homerun Resources Inc. has successfully closed a private placement financing, raising $1 million for the company’s growth. The funds are earmarked for development in the Belmonte Silica District, research and development, and operational and business expansion. A portion of the financing was contributed by company insiders, with the transaction falling within exemption limits as per minority shareholder protection regulations.
For further insights into TSE:HMR stock, check out TipRanks’ Stock Analysis page.
