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]