Homerun Resources Inc. (TSE:HMR) has released an update.
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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.
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