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Homerun Resources Inc. Financing Updates
Newsfile· 2025-10-06 13:03
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the TSX Venture Exchange (TSX-V) has approved the structure of the Company's previously announced $6,000,000 financing with a single institutional investor (the "Offering"). The Company will now proceed to submit its formal application for conditional approval of the Offering. Further details regarding the terms of the Offering and timi ...
Homerun Resources Inc. Provides Financing Updates
Newsfile· 2025-09-22 12:00
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to provide an update on the status of its previously announced $6,000,000 proposed financing with a single institutional investor (the "Offering").Since announcing the Offering, the Company and the institutional investor have been engaged in an ongoing financing review process with the TSX Venture Exchange (the "TSXV") regarding the structure and doc ...
Homerun Resources Inc. Receives Joint Support Plan from BNDES and FINEP Indicating Financial Instruments Available to Support Homerun's Business Plan
Newsfile· 2025-07-28 12:00
Core Insights - Homerun Resources Inc. has received a joint support plan from BNDES and FINEP, indicating financial instruments available to support its business plan [1][2] - The support plan is part of a strategic minerals transformation initiative worth USD $815 million, aimed at accelerating high-impact mineral-transformation projects [2] Financial Instruments - The joint support plan includes various financial instruments such as long-term credit lines, equity investments, non-reimbursable funds, and economic subsidies [2] - Specific programs available include: - Climate Fund with a maximum value of R$ 500 million per economic group, offering a term of up to 16 years [3] - Innovation Investments in R&D&I with a maximum value of R$ 300 million per economic group per calendar year [3] - FINEM for Productive Capacity with funding up to 80% of project value, capped at 100% of fundable items [3] Company Developments - The CEO of Homerun Resources expressed satisfaction with the support plan, emphasizing its role in advancing solar glass production and silica processing capabilities [4] - The R$5 billion funding program is part of the New Industry Brazil initiative, focusing on R&D&I and expected to leverage additional private investment [4] - Homerun is positioned to capitalize on high-growth global energy transition markets through its vertically integrated strategy [9] Strategic Initiatives - The company is developing a 120,000 tpy processing plant and building Latin America's first dedicated high-efficiency solar glass manufacturing facility [11] - Partnerships with the U.S. Department of Energy/NREL are underway for developing long-duration energy storage systems utilizing high-purity silica sand [11] - The company maintains a commitment to ESG principles, focusing on sustainable production technologies [10]
Homerun Resources Inc. Files for Approval of $3 Million Financing; Updates $6 Million Institutional Financing
Newsfile· 2025-07-24 21:36
Financing Update - Homerun Resources Inc. has filed for conditional approval for a $3 million private placement financing, with each unit priced at $1.00 [1] - Upon receiving Exchange approval, the first tranche will close for gross proceeds of $1,568,000, issuing 1,568,000 units, each consisting of one common share and one warrant exercisable at CA$1.30 for 24 months [2] - Proceeds from the financing will be allocated for project payments, ongoing development, and general working capital, with cash finder's fees of $28,455 and 28,455 non-transferable broker warrants to be paid [3] Insider Participation - An insider subscribed to the financing for $100,000, which constitutes a related party transaction, and the company is relying on exemptions from formal valuation requirements as the transaction's fair market value does not exceed 25% of the company's market capitalization [4] Institutional Financing Update - The company is in the final review and closing processes for a previously announced $6 million institutional financing with an investor [5] Company Overview - Homerun Resources Inc. is focused on green energy solutions through advanced silica technologies, controlling the full industrial vertical from raw material extraction to solar, battery, and energy storage solutions [6] - The company is positioned to capitalize on high-growth global energy transition markets with a three-phase development plan that has achieved key milestones, including government partnerships and breakthrough intellectual property in advanced materials processing [11] - Homerun maintains a commitment to ESG principles, utilizing sustainable production technologies and aiming to deliver shareholder value through strategic execution in the energy transition [12]
Homerun Resources Inc. Announces Update on European Financial Markets Advisory
Newsfile· 2025-07-17 12:00
Core Insights - Homerun Resources Inc. has decided not to engage DGWA GmbH as a European financial markets adviser and is pursuing other financing and advisory relationships in Europe [1] Company Overview - Homerun Resources Inc. (TSXV: HMR) is a vertically integrated leader in materials focused on green energy solutions through advanced silica technologies [2] - The company is emerging as a significant player outside of China for high-purity quartz (HPQ) silica innovation, controlling the entire industrial vertical from raw material extraction to advanced solar, battery, and energy storage solutions [2] Business Strategy - Homerun has established six profit centers within its vertical integration strategy, leveraging HPQ silica across solar, battery, and energy storage markets [5] - The company has successfully achieved key milestones in its 3-phase development plan, including government partnerships and scalable logistical market access [5] Commitment to Sustainability - The company is dedicated to ESG principles, employing sustainable production technologies and benefiting local communities [6] - As Homerun advances its revenue generation and vertical integration in 2025, it aims to enhance shareholder value through strategic execution in the global energy transition [6] Technological Innovations - Homerun is developing a 120,000 tpy processing plant to utilize its high-purity silica sand and quartz silica materials for domestic and international sales [9] - The company is pioneering zero-waste thermoelectric purification and advanced materials processing technologies in collaboration with the University of California – Davis [9] - It is also building Latin America's first dedicated high-efficiency solar glass manufacturing facility with a capacity of 365,000 tpy [9] - Homerun is commercializing AI Energy Management and Control System Solutions for energy capture, storage, and efficient use [9] - The company is partnering with the U.S. Department of Energy/NREL to develop a long-duration energy storage system using its high-purity silica sand [9]
Homerun Resources Inc. Announces Retirement of Long Time Director Greg Pearson - Hires Integral for Market Making Services
Newsfile· 2025-05-23 12:50
Core Points - Homerun Resources Inc. announces the retirement of long-time Director Greg Pearson, who will remain in an advisory role [3][4] - The company has retained Integral Wealth Securities Limited to provide market-making services for an initial term of three months [2][5] - Integral will receive a monthly compensation of CAD $6,000 for its services, with the first payment made upon signing the agreement [5] Company Overview - Homerun Resources Inc. is a vertically integrated materials leader focused on green energy solutions through advanced silica technologies [11] - The company is positioned as an emerging force outside of China for high-purity quartz (HPQ) silica innovation, controlling the full industrial vertical from raw material extraction to energy solutions [11][14] - Homerun has six profit centers within its vertical strategy, capitalizing on high-growth global energy transition markets [14][15] Market-Making Services - The agreement with Integral was executed on May 13, 2025, and allows for termination after three months with 30 days written notice [5][6] - Integral is an independent CIRO-licensed investment dealer that will trade securities of the company to maintain an orderly market [6][7] - Integral and the company are unrelated entities, and Integral will bear its own costs for market-making activities [9] Stock Options - The company has issued 500,000 stock options priced at $1.50 to new Executive Director Mr. Stephen Burega [10]
Homerun Resources Inc. Application Submission to BNDES and FINEP Strategic Minerals Transformation Funding Call
Newsfile· 2025-05-09 12:00
Core Insights - Homerun Resources Inc. submitted a proposal for strategic mineral transformation funding from BNDES and FINEP, highlighting strong industry interest in Brazil's energy transition [1][2] - The proposal is unique as it is the only one from a silica/silicon company, focusing on transforming raw materials into high-value solar glass, aligning with the funding call's goals [2][3] - The project aims to boost domestic value addition, create skilled jobs, and stimulate local economies while advancing technological innovation [3] Funding Program Details - The funding program amounts to R$5 billion (approximately US$824 million) and is part of the New Industry Brazil initiative, supporting large-scale industrial plants and pilot projects [4] - Approximately R$8 billion is reserved for investments in company equity, partly in partnership with mining leader Vale, to leverage additional private investment [4] Company Overview - Homerun is a vertically integrated materials leader focused on green energy solutions through advanced silica technologies, controlling the full industrial vertical from raw material extraction to energy solutions [6][10] - The company has developed a 120,000 tpy processing plant to facilitate domestic and international sales of processed silica [9] - Homerun maintains a commitment to ESG principles, utilizing sustainable production technologies and benefiting local communities [11]