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Homerun Resources Inc. (HMRFF) is a leading company focused on critical and energy materials sectors, dedicated to operational excellence, sustainability, and shareholder value. The recent achievements include granting stock options to officers and signing partnerships for solar glass supply and manufacturing. Homerun is actively engaged in high-purity silica deposit exploration and acquisition projects in Brazil, aiming to make a significant impact in the industry.
Homerun Resources Inc. (HMRFF) has signed a binding term sheet to acquire all shares of Halocell Europe SRL, a leader in perovskite solar cell technology. The acquisition involves issuing 1.1 million Homerun common shares and underwriting AU$600,000 worth of shares in Halocell Energy's entitlement offer. Halocell Europe brings over EUR 2.0 million in active grants and 18 months of working capital coverage.
The deal includes licensing arrangements for patent rights and aims to advance commercialization of perovskite solar technology, which has shown remarkable efficiency improvements from 3% in 2009 to over 25% in 2023. This acquisition aligns with Homerun's strategy to develop a vertically integrated business in the energy transition sector, focusing on solar and energy storage.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has secured an Environmental License from the municipality of Belmonte for its silica sand project in Bahia, Brazil. The license, issued on December 6, 2024, covers mineral tenements 871011/1989, 871375/2007, 873385/2007, and 870141/2014, and is valid for two years. Under Bahia state law, this license qualifies as an 'Installation License' for filing the final Mining License with the Mining National Agency (ANM).
The project operates under a 40-year lease agreement with Companhia Baiana de Produção Mineral (CBPM). The license includes standard environmental conditions regarding ecosystem preservation, soil erosion control, and regulatory compliance. Both companies are collaborating on the Mining License application process.
Homerun Resources Inc. (HMRFF) has announced a significant discovery of high-purity quartz lumps in Northeast Brazil's Canindé project. The company conducted exploratory surface mapping across Ceará, Piauí, and Pernambuco states, securing 18 areas totaling 29,241 Ha through Brazil's National Mining Agency.
Analysis of 47 collected samples revealed silica grades between 97.83% and 99.80%, with most results above 99%. The quartz purity is suitable for high-value silicon applications, particularly in electronics and solar cell manufacturing. The project's strategic location near Suape and Pecém ports provides excellent logistics advantages.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) and Bahia Graphite have doubled their investment in their research partnership with UC-Davis due to unsolicited interest in +99.99 silica sand. The increased funding will support materials research and development at UC-Davis Material Science and Engineering laboratories, led by Professor Subhash Risbud.
The collaboration focuses on developing a Scalable Unitized Block Commercial Plant Design with zero-waste and zero-emissions goals. The process, developed with UC Davis, enables high-quality specialty silica production without chemical reagents or environmental impact. The technology will utilize graphite from Bahia Graphite and aims to process critical ores for electronics, microchips, semiconductors, and battery applications.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has hired Odir Julio Pedrazzi Junior as a technical consultant for its solar glass plant project in Camaçari, Bahia, Brazil. Pedrazzi brings 37 years of experience in the glass industry, with expertise in glass processing and previous roles as Director of Operations and Industrial Manager at major Brazilian glass companies.
The 12-month consulting agreement aims to ensure the solar glass plant's development implements advanced techniques and technologies. This hire supports Homerun's Phase 3 Business Plan Roadmap and aligns with its 40-year lease agreement partnership with Companhia Baiana de Pesquisa Mineral (CBPM).
Homerun Resources Inc. (HMRFF) announces progress in their Enduring Energy Storage research partnership with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The research reveals promising results for Homerun's silica sand, achieving high purity levels confirmed by NREL and Colorado School of Mines. Key findings include successful thermal cycle testing, particle characterization, and heat capacity measurements. The silica particles show a mean diameter of 220 μm with normal distribution. The CRADA agreement has been extended to May 2025, focusing on assessing silica sand for energy storage, economic analysis, and developing site-specific storage configurations.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has completed its Phase 2 Logistics Plan and secured HPQ Silica supply in Belmonte, Bahia, Brazil. The company has established partnerships for extraction, processing, and transport with zero CAPEX requirements. Key developments include a partnership with Brazil's largest silica sand company for processing, transport agreements with Brazilian operators, and a cost-sharing relationship for logistics infrastructure. The company is progressing on vertical integration initiatives, including development of Latin America's first dedicated solar glass manufacturing facility and research collaborations with UC Davis and NREL. Brazil's increase in solar module import duties to 25% supports the company's domestic solar industry strategy.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has discovered high-purity quartz (HPQ) silica sand in multiple locations across its 100% owned tenements in the Belmonte Silica Sand District, Brazil. The exploratory auger drilling program revealed an average of 99.23% SiO2 content, with the best result reaching 99.80% SiO2. The company projects an exploration target of over 200 million tonnes within the 7,930-hectare concessions. The drilling program, conducted in September 2024, included 15 holes across 4 claim areas, though heavy rainfall affected recovery and depth in several locations.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding Letter of Intent with Veracel Celulose S.A. to explore logistics collaboration opportunities for silica sand transportation. The partnership will utilize Veracel's existing road and maritime infrastructure, including the Maritime Terminal of Belmonte. Veracel will support Homerun with transportation partnerships, grant terminal exclusivity for silica sand operations, and cooperate on social initiatives. Homerun will contribute to road maintenance, implement necessary terminal modifications, and develop aligned social actions. This agreement is part of Homerun's Phase 2 Business Plan Roadmap and aligns with its 40-year lease agreement with Companhia Baiana de Pesquisa Mineral.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding Memorandum of Understanding (MOU) with Norsul for maritime transport of high purity silica sands from the Belmonte Silica District. The agreement focuses on implementing immediate and future transport opportunities between the ports of Ilhéus and Vitória. Norsul will serve as Homerun's strategic partner in evaluating and developing maritime logistics solutions, supporting planning, coordination, and operational efficiency. This MOU is part of Phase 2 of Homerun's Business Plan Roadmap and complements their existing 40-year lease agreement with Companhia Baiana de Pesquisa Mineral (CBPM).
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