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Homerun Resources Inc. Completes District Control Strategy with Purchase Agreement for 582 Hectares of Land and Surface Rights over Santa Maria Eterna High Purity Silica Sand District, in Belmonte, Bahia, Brazil
TMX Newsfile· 2026-02-02 13:00
Core Insights - Homerun Resources Inc. has signed a purchasing agreement for the Fazenda Conjunto São José e Nova Esperança, covering 582 hectares in the Santa Maria Eterna Silica Sand District, Brazil, completing its District Control Strategy initiated in Q1 2023 [2][5][6] Group 1: Acquisition Details - The acquisition of Fazenda Conjunto São José e Nova Esperança is contiguous with Homerun's existing 99-year renewable surface rights over Fazenda São José, aimed at establishing a silica sand industrial complex [4][5] - The total purchase price for the land is US$ 1,100,000, to be paid in installments, including US$ 500,000 via wire transfer and US$ 600,000 in common shares priced at CA$1.00 [6][9] Group 2: Strategic Importance - The completion of the District Control Strategy provides Homerun with effective control over a unique high-purity silica resource, ensuring long-term supply for industrial applications [3][5] - The company aims to develop a high-efficiency solar glass plant and capitalize on the silica resource for advanced energy materials, supporting the energy transition [10][12] Group 3: Company Vision - Homerun is focused on building a vertically integrated platform for clean energy manufacturing, leveraging its high-purity silica resource to accelerate clean power adoption [7][12] - The company is committed to best-in-class ESG practices and aims to convert milestones into market opportunities within the energy sector [12][16]
Homerun Resources Inc. Announces Five-Fold Increase in Solar Glass Offtake with Sengi Solar from 20,000 to 100,000 Tonnes per Year Priced at USD 750 per Tonne
TMX Newsfile· 2026-01-28 13:00
Core Viewpoint - Homerun Resources Inc. has amended its non-binding offtake agreement with Sengi Solar, increasing the minimum annual quantity of solar glass from 20,000 tonnes to 100,000 tonnes, while maintaining the price at USD 750 per tonne [1][2]. Company Developments - The amendment reflects the growing demand for domestic solar production in Brazil and the confidence of partners like Sengi in the viability of Homerun's solar glass manufacturing project [4]. - Homerun has completed several key deliverables since the original agreement, reinforcing partner confidence in the project's success [4]. Industry Context - The amendment is influenced by recent changes in the Brazilian solar panel market, including rising tariffs on imports and reduced tariff exemptions for imported equipment, alongside positive long-term prospects for clean energy demand in Brazil [3]. - Brazil's increasing attractiveness for data center installations supporting Artificial Intelligence processing is also a contributing factor to the demand for solar energy solutions [3]. Company Overview - Homerun Resources Inc. focuses on the energy transition across four verticals: Silica, Solar, Energy Storage, and Energy Solutions, leveraging a unique high-purity low-iron silica resource in Bahia, Brazil [6][7]. - The company aims to develop Latin America's first dedicated high-efficiency solar glass plant, producing antimony-free solar glass for next-generation photovoltaic performance [8].
Homerun Resources Inc. Announces Letter of Intent with SORG Group (Germany) for Completion of the Antimony-Free Solar Glass Manufacturing Plant in Santa Maria Eterna, Bahia, Brazil
TMX Newsfile· 2026-01-21 13:00
Core Insights - Homerun Resources Inc. has signed a Letter of Intent with Nikolaus Sorg GmbH & Co. KG for a 1,000 tonne per day solar glass manufacturing plant in Brazil, marking a significant milestone for the company [2][10] Project Overview - The Solar Glass Project will utilize state-of-the-art technology for solar glass manufacturing, including an electric boosting system for enhanced energy efficiency and a production process that will yield antimony-free solar glass [3][10] - The plant is expected to be the first dedicated solar glass manufacturing facility in Latin America, focusing on next-generation photovoltaic applications [10] Responsibilities and Financing - Homerun's role includes local content capitalization, permit planning, civil works, utilities, and installation as specified by SORG [5] - The project financing will involve cooperation with German banks for export credit, supported by Euler Hermes guarantees, alongside interest from Banco Nacional de Desenvolvimento Econômico e Social for Brazilian government project financing [6][10] Strategic Partnerships - Homerun has engaged DTEC, a German engineering company, to assist with the Bankable Feasibility Study, ensuring all necessary documentation for project financing is prepared [7] - The collaboration with SORG is based on their extensive experience and successful track record in glass manufacturing technology [15] Company Background - Homerun Resources Inc. focuses on building a silica-powered backbone for the energy transition across multiple verticals, including solar and energy storage, leveraging a unique high-purity low-iron silica resource in Bahia, Brazil [16][18]
Homerun Resources Inc. Announces Settlements from Sorbie Sharing Agreement
TMX Newsfile· 2026-01-20 13:03
Core Insights - Homerun Resources Inc. has received monthly settlements from a CDN$6,000,000 financing agreement with Sorbie Bornholm LP, with the first settlement amounting to $206,784.86 and the second to $223,645.48 [1][2][3] Financing Details - The first settlement was dated December 15, 2025, with a gross proceeds of $206,784.86, translating to a "Sorbie Effective Price" of $0.7682 per share, and included the release of 269,167 shares from escrow [2] - The second settlement was dated January 15, 2026, with gross proceeds of $223,645.48, resulting in a "Sorbie Effective Price" of $0.8309 per share, also involving the release of 269,167 shares from escrow [3] Media Services Contract - Homerun Resources Inc. has entered into a media services contract with Market One Media Group Inc., which will provide tailored marketing programs for the company for a fee of $202,000 plus applicable taxes over a 12-month term [4] - No securities will be issued to Market One in exchange for the services, and Market One currently holds no securities in Homerun [5] Company Overview - Homerun is focused on building a silica-powered backbone for the energy transition across four verticals: Silica, Solar, Energy Storage, and Energy Solutions, leveraging a unique high-purity low-iron silica resource in Bahia, Brazil [6][7] - The company aims to create a scalable, vertically integrated platform for clean energy manufacturing in the Americas through disciplined execution and strategic partnerships [7] Industry Focus - The company is involved in securing high-purity low-iron silica for solar glass and advanced energy materials, developing a high-efficiency solar glass plant in Latin America, and advancing silica-based thermal storage systems [10]
Homerun Resources Inc. 2025 Year in Review: Exceptional Execution Across Verticals Positions Company for Operational Launches in 2026
TMX Newsfile· 2026-01-16 18:04
Core Insights - Homerun Resources Inc. has released its 2025 Year in Review, highlighting strategic execution and progress across its four verticals: Silica, Solar, Energy Storage, and Energy Solutions, despite share price challenges in 2025 [2][3] - The company aims to transition from development to commercial operations in 2026, focusing on creating fundamental shareholder value and cash flow [3][17] 2025 Execution Summary - In Q1 2025, Homerun secured non-binding offtake agreements with Brazilian solar module manufacturers for a minimum of 120,000 tonnes/year at USD 750 per tonne FOB and acquired Halocell Europe SRL, enhancing its product development capabilities [4] - A NI 43-101 compliant maiden resource estimate revealed 63.91 million tonnes of high-purity silica sand, with full mining permits granted by Brazil's National Mining Agency [5][14] - In Q2 2025, the company established partnerships with Brazilian government entities for tax incentives and support, securing a $6.0 million institutional investment [6] - Q3 2025 saw a breakthrough in synthesizing Silicon Carbide using Homerun's silica sand, and the acquisition of additional resources consolidated the Santa Maria Eterna District [7] - In Q4 2025, Homerun validated its antimony-free solar glass production capability, achieving ultra-high purity levels in its silica sand, and executed a Global IP Agreement with the U.S. Department of Energy [8][14] 2026 Strategic Priorities - The company plans to initiate commercial mining operations, develop a solar glass manufacturing facility, and advance energy management systems and thermal energy storage commercialization [13][17] - Strategic partnerships and government collaborations are expected to enhance operational readiness and reduce regulatory risks [14][18] Management Message - The management acknowledges the challenges faced in 2025 but emphasizes the importance of strategic patience and disciplined execution to create long-term shareholder value [10][12] - The focus remains on quality over speed, ensuring that all strategic decisions align with shareholder interests [18]
Homerun Resources Inc. 100% Owned Subsidiary Homerun Energy SRL Recognized as Key Innovator by European Commission's Innovation Radar
TMX Newsfile· 2025-12-18 13:00
Core Insights - Homerun Resources Inc. has announced that its subsidiary, Homerun Energy SRL, has been recognized as a Key Innovator by the European Commission's Innovation Radar for its contributions to the E.T.COMPACT project, which is funded under the Horizon Europe programme [1][3][4] Innovation and Technology - The innovation recognized is titled "NIR-Optimized Flexible CIGS Modules for Propellant Less Solar Propulsion System," which has been assessed as having strong commercial readiness and potential to open new markets, particularly in energy applications [2][3] - Homerun Energy has played a central role in developing this technology, showcasing its technical leadership and ability to transform research into market-ready solutions [3][4] Project Overview - E.T.COMPACT is an EU-funded EIC Pathfinder project (2024-2027) aimed at developing a compact, propellant-less in-space propulsion and energy system based on electrodynamic tether technology powered by solar energy [5] - The project focuses on demonstrating a novel photovoltaic tether that can generate power and provide propulsion, enhancing sustainability and cost-effectiveness for space missions [5] Financial Developments - Homerun Resources has closed a private placement financing of $3,128,384, receiving final approval from the TSX Venture Exchange [6][8] - The financing involved issuing a total of 3,128,384 Units, each consisting of one common share and one common share purchase warrant, with an exercise price of CA$1.30 for 24 months [7] Company Profile - Homerun Energy is a clean energy technology company focused on accelerating the transition to sustainable energy, developing advanced energy solutions including high-efficiency Perovskite solar systems and AI-driven energy management platforms [9][10] - The company aims to combine innovation, sustainability, and practical energy transformation to help businesses reduce costs and environmental impact [10]
Homerun Resources Inc. Announces Signing of Definitive Surface Rights Agreement for the Installation of Its Industrial Projects in Santa Maria Eterna, Belmonte, Bahia, Brazil
TMX Newsfile· 2025-12-15 13:00
Core Insights - Homerun Resources Inc. has signed a definitive surface rights agreement for the CENTRO INDUSTRIAL SÃO JOSÉ DA SILICA in Bahia, Brazil, covering 64 hectares for its silica processing and solar glass manufacturing facility [1][13] - The agreement grants irrevocable surface rights, ensuring legal security for Homerun regardless of any changes in land ownership [2][11] - The agreement replaces a previous land donation plan, eliminating risks associated with land reclamation and obligations under earlier agreements [4][13] Agreement Details - The surface rights agreement is valid for 99 years and automatically renewable for another 99 years [9] - Compensation payments will begin in 2027, with an initial fixed payment of R$ 60,000 due on June 30, 2027, followed by monthly payments of R$ 50,000 starting January 2028, subject to conditions [10] - Homerun can use the surface rights as collateral for financing and can independently secure necessary permits and licenses [11][13] Municipal Support - The Municipality of Belmonte has committed to allocate up to USD $400,000 for infrastructure improvements, including paving approximately 5km of road to connect Santa Maria Eterna to BR-101 [5][13] - This support is part of a broader initiative led by the Bahia State Secretariat of Infrastructure [5] Strategic Vision - The agreement aligns with Homerun's strategy to develop a complete silica value chain, enhancing socioeconomic and environmental benefits for the local community [6][13] - The company aims to establish a vertically integrated platform for clean energy manufacturing in the Americas, focusing on silica, solar, energy storage, and energy solutions [12][14][20]
Homerun Resources Inc. Files for Closing of $3m Private Placement Financing
Newsfile· 2025-12-12 13:00
Financing Details - Homerun Resources Inc. has filed for final approval of a private placement financing at CA$1.00 per unit, aiming for total gross proceeds of CA$3,128,384 [1] - The second tranche of the financing has closed, raising CA$1,560,384 and resulting in the issuance of 1,560,384 units, bringing the total to 3,128,384 units issued [2] - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at CA$1.30 for 24 months, subject to acceleration if shares close at or above CA$2 for 10 consecutive trading days [2] Use of Proceeds - Proceeds from the financing will be allocated for project payments, ongoing development of the company's projects, and general working capital [3] - The company will also pay cash finder's fees of CA$31,150 and issue 31,150 Non-Transferable Broker Warrants upon receiving Exchange approval [3] Company Overview - Homerun is focused on building a silica-powered backbone for the energy transition across four verticals: Silica, Solar, Energy Storage, and Energy Solutions [3][4] - The company is anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, transforming raw silica into essential products for clean power adoption [3] - Homerun aims to create a scalable, vertically integrated platform for clean energy manufacturing in the Americas through disciplined execution and strategic partnerships [4] Industry Focus - The company is securing supply and processing of high-purity low-iron silica for applications in premium solar glass and advanced energy materials [7] - It is developing Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and commercializing antimony-free solar glass for next-generation photovoltaic performance [7] - Homerun is advancing long-duration, silica-based thermal storage systems to decarbonize industrial heat and enhance grid flexibility [7] - The company is also working on AI-enabled energy management systems and turnkey electrification solutions to optimize renewable generation for commercial and industrial customers [7]
Homerun Resources Inc. Announces Positive Results of Confirmation Testing by Minerali Industriali Engineering on the Santa Maria Eterna Silica Sand for the Manufacture of Antimony-Free Solar Glass
Newsfile· 2025-12-11 13:00
Core Insights - Homerun Resources Inc. has announced positive results from confirmation testing conducted by Minerali Industriali Engineering on its high purity, low iron silica sand from Santa Maria Eterna, confirming its suitability for the manufacture of antimony-free solar glass [1][5] Group 1: Testing Results - The Lab Scale Treatment Test Report confirms the silica sand's purity at 99.7% with only 24 ppm of Iron/Fe, indicating its low-contaminant nature [3] - Two sets of tests were conducted: the basic solution reduced Iron/Fe to 14 ppm, while the complete solution achieved a reduction to 8 ppm, with all other contaminants well below acceptable ranges [6] Group 2: Resource Estimates - Homerun has completed a 43-101 compliant Technical Report indicating a preliminary resource estimate of 25.56 million tonnes (Mt) Measured and 38.35 million tonnes (Mt) Inferred of high-purity silica sand (>99.6% SiO2) from one of its three assets [2] Group 3: Strategic Positioning - The high initial material quality of the Santa Maria Eterna silica sand provides Homerun with a competitive edge in producing antimony-free solar glass, as minimal upgrades are needed to meet technical requirements [5] - Homerun is focused on building a vertically integrated platform for clean energy manufacturing, leveraging its unique high-purity silica resource in Bahia, Brazil [8][9]
Homerun Resources Inc. Executes NREL Enduring Thermal Energy Storage Global Intellectual Property Agreement Including New Patent Application and EMS Integration
Newsfile· 2025-12-01 13:00
Core Insights - Homerun Energy USA, Inc., a wholly-owned subsidiary of Homerun Resources, Inc., has signed an Intellectual Property Agreement with Alliance for Sustainable Energy, LLC, which manages the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) [2][4] - The agreement is a result of a two-year partnership and aims to commercialize technologies related to particle-based thermal energy storage systems [3][4] - A new patent application has been filed for a thermal energy storage system that integrates silica sand purification, enhancing the potential for advanced energy applications [4][9] Company Developments - The Intellectual Property Agreement allows Homerun to secure options for licensing certain intellectual property from Alliance, facilitating the advancement of technologies towards commercial application [3][5] - The option period for the agreement is set for twelve months, with ongoing negotiations expected during this timeframe [3] - Homerun's AI Energy Management System (EMS) will be integrated into the NREL's thermal energy storage systems, optimizing energy capture and storage efficiency [12][19] Technology and Innovation - The thermal energy storage system utilizes silica sand as both the storage medium and a product of the silica purification process, which is a key aspect of the innovation [9][10] - The system includes various components such as a particle-lifting device, charging electric heater, insulated storage silos, and discharge heat exchanger [8][16] - The technology aims to recover and reuse process heat, providing flexible revenue streams through power sales and industrial process heat contracts [17][18] Market Strategy - Homerun Resources is focused on building a vertically integrated platform for clean energy manufacturing, emphasizing the importance of strategic partnerships and disciplined execution [19] - The company is committed to advancing long-duration, silica-based thermal storage systems to decarbonize industrial heat and enhance grid flexibility [18] - The commercialization plan includes a vigorous effort to bring the Alliance Intellectual Property to market through a comprehensive program [5]