Homerun Resources Inc. reports developments tied to its high-purity, low-iron silica resources in Belmonte, Bahia, Brazil, and its vertically integrated materials strategy. Company updates commonly cover silica supply and processing, the Santa Maria Eterna Silica Sand District, commercial distribution for industrial silica sand, and project work related to antimony-free solar glass manufacturing.
Recurring news also includes advanced silica-materials research, including fused silica glass processing and patent activity, as well as energy storage and energy solutions initiatives. Capital-markets updates include the company's OTCQB-traded shares, TSX Venture listing, and sponsored Brazilian Depositary Receipts listed for trading on Brazil's B3 exchange.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) reported monthly settlements under its previously announced CDN$6,000,000 sharing agreement with Sorbie Bornholm LP. The Dec 15, 2025 settlement generated $206,784.86 (Sorbie Effective Price $0.7682); 269,167 shares were released and 206,667 warrants issued at $1.28 expiry Dec 19, 2028. The Jan 15, 2026 settlement generated $223,645.48 (Sorbie Effective Price $0.8309); 269,167 shares were released and 186,667 warrants issued at $1.25 expiry Jan 12, 2029. The company also contracted Market One for marketing services for $202,000 plus taxes over 12 months; no securities will be issued for these services.
Homerun Resources (OTCQB: HMRFF / TSXV: HMR) published its 2025 Year in Review outlining de-risking and execution across four verticals: Silica, Solar, Energy Storage, Energy Solutions. Key disclosed milestones include a NI 43-101 maiden resource of 63.91 million tonnes at 99.6% SiO2, consolidation of the Santa Maria Eterna district to a >200-million-tonne target across three permitted leases, full mining permits from Brazil's ANM, and independent validation of ultra-high purity silica (up to 99.9694% SiO2 and iron as low as 0.34 ppm). Homerun secured binding and non-binding offtakes at USD $750/tonne FOB, engaged DTEC for a 1,000 tpd solar glass BFS, executed an IP option with NREL for particle-based thermal energy storage, acquired Halocell Europe, and closed institutional and private financings totalling approximately $9.1M.
Homerun Resources (OTCQB: HMRFF) announced that Brazil's National Mining Agency issued Mining Permit #743 for area 870.011/1989 on November 7, 2025, triggering execution of the Definitive Lease Agreement 026/2025 dated December 23, 2025 with Companhia Bahiana de Produção Mineral (CBPM).
The final payment of R$ 1,000,000 was released to CBPM. The permit covers areas tied to a NI 43-101 technical report (April 29, 2025) showing a preliminary resource of 25.56 Mt Measured and 38.35 Mt Inferred of >99.6% SiO2 high-purity silica sand. Completion gives Homerun three fully permitted leases in Bahia and positions the company to sell high-purity silica sand and develop purification and advanced materials processing.
Homerun Resources (OTCQB: HMRFF / TSXV: HMR) closed the acquisition of the Pedreiras mining tenement in the Santa Maria Eterna Silica Sand District in Belmonte, Bahia, Brazil on January 6, 2026. This is the third and final CBPM lease acquisition in the company’s plan to consolidate the district.
The tenement is fully permitted with a low royalty of R$30.17 per extracted tonne. Consideration was settled by issuing US$1,200,000 in common shares (1,656,000 shares at CA$1.00 using 1 USD = 1.38 CAD) and US$200,000 in warrants (276,000 warrants exercisable at CA$1.00 for one year). Securities are subject to a standard 4-month hold and a monthly sale limit of 100,000 shares agreed with the seller.
Homerun Resources (OTCQB: HMRFF) announced on December 18, 2025 that its wholly owned subsidiary Homerun Energy SRL was recognised as a Key Innovator by the European Commission's Innovation Radar.
The Innovation Radar assessed the project's output, "NIR-Optimized Flexible CIGS Modules for Propellant Less Solar Propulsion System," as Market Maturity: Business Ready with Market Creation Potential: High, highlighting commercial readiness and market-opening potential for energy applications. Homerun Energy led development work within the E.T.COMPACT Horizon Europe project, reinforcing its role in translating research into market-ready sustainable energy solutions.
Homerun Resources (OTCQB: HMRFF) announced that road improvements serving its planned Santa Maria Eterna silica processing and solar glass hub in Belmonte, Bahia, Brazil are underway.
Field photos confirm grading, compaction and material placement on the BA-274 / BA-982 corridor, which provides direct access to federal BR-101. The 2026 draft federal budget (PLOA 2026) lists a R$15 million line item for BA-274 (Santa Maria Eterna) under the Ministry of Transport. Homerun's MoU with state and municipal entities includes land and infrastructure commitments; local authorities previously allocated funding to pave approximately 5 km connecting Santa Maria Eterna to BR-101.
Homerun Resources (OTCQB: HMRFF) signed a definitive 99-year surface rights agreement for 64 hectares at Fazenda São José, Santa Maria Eterna, Belmonte, Bahia, Brazil, for silica processing and solar glass manufacturing.
The rights are automatically renewable for another 99 years, can be registered on the land deed, and may be offered as collateral for project financing. The agreement replaces a prior municipal land donation and secures permit autonomy and a right of first refusal if the underlying land is sold.
The Municipality of Belmonte committed up to USD $400,000 toward infrastructure, including paving ~5 km of road to BR-101. Compensation begins in 2027 (R$60,000) with monthly R$50,000 payments from Jan 2028, indexed to IPCA and subject to a 50% reduction if construction has not started for reasons beyond Homerun's control.
Homerun Resources (OTCQB: HMRFF) announced it has filed with the TSX Venture Exchange for final approval of a CA$3,128,384 private placement and has closed a second and final tranche for CA$1,560,384 on December 12, 2025. The Company will issue a total of 3,128,384 Units, each Unit comprising one common share and one warrant exercisable at CA$1.30 for 24 months.
Proceeds will fund project payments, project development and general working capital. Finder's fees of CA$31,150 and 31,150 non-transferable broker warrants will be paid on receipt of Exchange approval. All securities carry a four-month-and-one-day hold period.
Homerun Resources (OTCQB: HMRFF) announced Minerali Industriali Engineering completed lab-scale confirmation testing on Santa Maria Eterna silica sand on Dec 11, 2025, finding the material suitable for manufacturing antimony-free solar glass. The unwashed sand showed 99.7% SiO2 and 24 ppm Fe. Basic treatment reduced Fe to 14 ppm (one contaminant, Ti, slightly above range). Complete treatment achieved 8 ppm Fe and 100% first-stage compliance. Homerun previously reported a NI 43-101 resource of 25.56 Mt Measured and 38.35 Mt Inferred (>99.6% SiO2) from one district asset.
NETGEAR (NASDAQ: NTGR) will hold a live investor and analyst conference call on Wednesday, October 29, 2025 at 5:00 p.m. ET (2:00 p.m. PT) to discuss third quarter 2025 results and fourth quarter 2025 outlook. The company said the related news release will be distributed after the market closes on October 29, 2025.
Dial-in for the live audio call is (888) 660-6392 (toll-free) or (929) 203-0899 (international) with conference ID 1030183. A live webcast and replay will be available at https://investor.netgear.com.