CALGARY, Alberta, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to provide a corporate update on its development activities and announces an extension of its convertible debenture maturity date and its fiscal year end 2024 financial results. The Company’s audited financial statements and notes thereto and Management’s Discussion and Analysis for the three months and year ended September 30, 2025, are available under CPS’s SEDAR+ profile. Corpora ...

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]