Homerun Resources Inc Stock Price, News & Analysis

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has received a joint support plan from Brazil's National Development Bank (BNDES) and innovation agency (FINEP) following the selection of its business plan for the strategic minerals funding initiative. The plan outlines various financial instruments including long-term credit lines, equity investments, and non-reimbursable funds from the USD $815 million strategic minerals transformation initiative.

The available financing options include Climate Fund - Green Industry with up to R$500 million per economic group, More Innovation - Investments in R&D&I offering up to R$300 million, and FINEM - Productive Capacity covering up to 80% of project value. Terms range from 16-20 years with various grace periods and competitive interest rates.

The initiative is part of the New Industry Brazil program, with R$8 billion reserved for company equity investments, partially in partnership with Vale.

Homerun Resources Inc. (OTCQB: HMRFF) has filed for approval with the TSX Venture Exchange for a $3 million private placement financing at $1.00 per unit. Each unit includes one common share and one warrant exercisable at CA$1.30 for 24 months. The company plans to close a first tranche of $1,568,000.

The warrants include an acceleration clause if shares trade at or above CA$2 for 10 consecutive days. The financing includes insider participation of $100,000. Additionally, the company provided an update on its previously announced $6 million institutional financing, which is in final review with the Exchange.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced it will not proceed with the previously announced engagement of DGWA GmbH as its European financial markets' adviser, which was initially disclosed on April 2, 2025. The company states it is currently pursuing alternative European financing and advisory relationships.

Homerun Resources Inc. (OTCQB: HMRFF) has launched its Homerun Energy website and introduced "The HUB", an advanced AI-powered platform for comprehensive energy management. The platform integrates multiple layers of artificial intelligence to optimize energy generation, storage, consumption, and trading.

The HUB's key features include PV services for solar asset monitoring, advanced energy storage management, EV charging control, and integrated energy trading. The system operates through a four-layer AI intelligence structure: Local, Service, Global, and Cross-Customer, enabling real-time optimization and network-level learning. The platform also includes robust cybersecurity measures and predictive maintenance capabilities.

Homerun Resources Inc. (OTCQB: HMRFF) has received a second competitive budgetary offer from GS Engineering GmbH to construct Latin America's first dedicated solar glass manufacturing facility in Belmonte, Bahia, Brazil. The GS project budget is estimated at €150 million for the solar glass manufacturing technology.

The facility will have a production capacity of 1,000 tonnes per day of low-iron solar glass, ideal for high-efficiency PV modules. The company has secured land donation and infrastructure support through an MoU with the Municipality of Belmonte and is currently evaluating offers from both GS Engineering and HORN Glass Industries AG.

Homerun is progressing with its development timeline, having completed pre-feasibility data capture and is now selecting engineering firms for the Bankable Feasibility Study (BFS).

Homerun Resources Inc. (OTCQB: HMRFF) has announced a significant breakthrough in Silicon Carbide (SiC) synthesis through its partnership with UC Davis Materials Science and Engineering. The company successfully synthesized SiC using its Belmonte silica sand and Bahia Graphite Corporation's raw graphite from Brazil.

The company has outlined a six-phase R&D program for 2025, having already completed Phase 1 in the first half of the year. The remaining phases include pre-treatment & densification, laser synthesis, material characterization, optimization & scaling, and application testing.

This development is strategically important as SiC is a critical material used in electric vehicle powertrains, renewable energy systems, 5G infrastructure, and industrial robotics. By utilizing Brazilian deposits for both silica and graphite inputs, Homerun aims to bypass current global supply chain vulnerabilities in SiC production.

Homerun Resources (HMRFF) has secured a binding term sheet for a $6 million CAD financing with an institutional investor. The offering consists of 6 million units at $1.00 CAD per unit, with funds to be released in monthly tranches of $250,000 CAD over 24 months. Each unit includes one common share and one warrant exercisable for 3 years. Of the 6 million warrants, 1.5 million will be exercisable at $1.18 CAD, while the remainder will be released over 24 months with exercise prices at a 20% premium to the 5-day VWAP. The investor will receive a $360,000 corporate finance fee in shares. Additionally, Homerun is extending and repricing its previously announced non-brokered private placement to $3 million CAD at $1.00 per unit.

Homerun Resources (HMRFF) has been selected to advance to the Detailed Work-Plan phase of a major funding initiative by Brazil's BNDES and FINEP. The company was chosen from 124 proposals as the only silica/silicon-focused company for the USD $815 million strategic minerals transformation program. This selection positions Homerun to access various funding instruments including long-term credit lines, equity investments, and non-reimbursable funds. The funding will support the industrialization of the Belmonte Silica Project, including construction of processing facilities, technology scale-up, and workforce development. The R$5 billion program, part of the New Industry Brazil initiative, aims to support industrial plants and pilot projects focused on research and development, with R$8 billion reserved for company equity investments in partnership with Vale.

Homerun Resources Inc. (HMRFF) announced that the Municipality of Belmonte in Bahia, Brazil has issued Decree 150 to expropriate a 64.50-hectare rural property called Fazenda São José. The expropriation, which will be made with fair cash compensation, is intended for Homerun's planned Silica Processing Plant and Solar Glass Manufacturing facility. The facility will have a capacity of 1,000 tons per day and represents a key milestone in establishing a complete value chain from mineral extraction to high-value solar products. This decree fulfills part of a Memorandum of Understanding signed on May 12th, 2025, between Homerun and various Brazilian state entities including CBPM, BahiaGás, SECTI, and the municipality of Belmonte.