Core Points - Homerun Resources Inc. has completed the acquisition of exploitation rights for silica mineral rights in the Belmonte District, Bahia, Brazil, from Guidoni Brasil S.A. under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM) [1][2] - The acquired tenements are fully permitted for immediate extraction and have a lower royalty rate compared to previous contracts in the Santa Maria Eterna District [1][2] - The total payments under the agreement amount to R$2,500,000, with an initial payment of R$500,000 already made and the remaining R$2,000,000 to be paid in four installments over the next two years [3][6] Company Strategy - The company aims to consolidate control over silica sand deposits in the Belmonte Silica District, emphasizing the importance of building beneficial relationships and favorable terms [3] - Homerun is positioned as a primary demand driver and supply controller for silica sand, with a vertically integrated approach from extraction to solar glass production [3][9] - The company is focused on capitalizing on high-growth global energy transition markets through its dual-engine vertical integration strategy [9] Financial and Operational Highlights - The extraction royalty under the Guidoni Lease Terms is set at R$26 (approximately US$4.50) per tonne of extracted silica sand [2] - The company has achieved key milestones in its three-phase development plan, including government partnerships and advancements in materials processing technologies [9] - Homerun is committed to sustainable production technologies and aims to generate revenue while delivering shareholder value through strategic execution [10]