Homerun Resources ( (TSE:HMR) ) has issued an announcement.
Homerun Resources Inc. announced a non-brokered private placement financing to raise a minimum of CA$3 million, which will be used for general working capital and business development within its silica to solar and energy storage operations. This strategic move aims to bolster the company’s position in the high-growth global energy transition markets, leveraging its high-purity quartz silica across various profit centers and maintaining a strong commitment to ESG principles.
More about Homerun Resources
Homerun Resources Inc. is a vertically integrated materials leader focused on revolutionizing green energy solutions through advanced silica technologies. The company operates across the entire industrial vertical, from raw material extraction to cutting-edge solar, battery, and energy storage solutions. It is an emerging force outside of China for high-purity quartz silica innovation and is involved in several initiatives, including solar glass manufacturing, alternative energy solutions, and AI energy management systems.
YTD Price Performance: 1.22%
Average Trading Volume: 21,301
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $54.88M
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