KEY HIGHLIGHTS:Homerun Resources has signed a 99-year surface rights agreement, automatically renewable for another 99 years, covering 64 hectares at Fazenda São José, Santa Maria Eterna, Bahia, Brazil, for its industrial projects.Homerun can use the surface rights as collateral in project financing, independently secure permits and licenses, and is protected against changes in land ownership.This agreement replaces the previous municipal land donation process, removing risk of land reclamation and obligat ...

Core Insights - Homerun Resources Inc. has received approval from the TSX Venture Exchange for a $6,000,000 financing with a single institutional investor, and is preparing to submit a formal application for conditional approval [1] - The company is also oversubscribed for a $3,000,000 unit private placement at $1.00, which will close after the institutional financing [2] Company Overview - Homerun Resources Inc. is a vertically integrated materials leader focused on green energy solutions through advanced silica technologies, controlling the entire industrial vertical from raw material extraction to solar, battery, and energy storage solutions [3][5] - The company aims to capitalize on high-growth global energy transition markets with multiple profit centers utilizing high-purity quartz (HPQ) silica [5] Development Strategy - Homerun has achieved key milestones in its 3-phase development plan, including government partnerships and breakthrough intellectual property in advanced materials processing and energy solutions [5] - The company is developing a 120,000 tons per year processing plant and building Latin America's first dedicated high-efficiency solar glass manufacturing facility with a capacity of 365,000 tons per year [7] Commitment to Sustainability - The company maintains a strong commitment to ESG principles, employing sustainable production technologies and benefiting local communities [6] - Homerun is partnering with the U.S. Department of Energy/NREL to develop a long-duration energy storage system utilizing high-purity silica sand [7]