Homerun Resources Inc Stock Price, News & Analysis

Homerun Resources Inc (HMRFF) addresses the impact of recent US global tariffs on its operations. The US implemented a baseline 10% tariff on imported goods, with higher rates for various countries: China (34%), EU (20%), and South Korea (25%). Brazil faces only a 10% tariff, positioning it advantageously in the global market.

The company operates six profit centers:

• Ultra-Pure Silica Sand Processing Plant in Bahia, Brazil, targeting Asian markets
• Solar Glass Manufacturing Facility in Brazil, benefiting from 25% tariffs on imported solar components
• Enduring Thermal Energy Storage System partnership with NREL
• Energy Solutions and Management operations in EU and North Africa
• Perovskite Solar technology initiatives in Europe
• Solar Modules development with Brazilian partners

The company's strategic positioning across multiple geographies and verticals, particularly in Brazil, provides resilience against trade policy impacts.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has appointed DGWA GmbH as its European financial market advisor to enhance its presence in the European market. The 12-month engagement, starting April 1, 2025, will focus on connecting with investors in the DACH region (Germany, Austria, and Switzerland) and other European countries.

DGWA will help increase investor awareness of Homerun's activities in Brazil and Europe, particularly its advanced silica technologies for green energy solutions. The company will pay DGWA €5,000 monthly for the initial 3 months, followed by €7,500 monthly thereafter.

The appointment leverages Homerun's existing dual listing on the Frankfurt, Stuttgart and Munich Stock Exchanges. The company's recent acquisition of Homerun Energy SRL (formerly Halocell Europe) positions it in the perovskite photovoltaic technology sector, targeting the European renewable energy market.

Homerun Resources Inc. (HMRFF) has commissioned Dorfner Anzaplan GmbH to perform final testing and design work for its high-purity silica sand purification plant in Belmonte, Brazil. The project aims to establish a 120,000 tonnes per annum processing facility and produce Ultra-Pure Silica Sand with less than 100 ppm of impurities.

The engagement builds on previous successful test work conducted in 2024 with NREL and UC-Davis Materials Lab, which demonstrated the ability to achieve >99.99% SiO2 purity. Anzaplan will develop:

• Process design and block flow diagram
• Mass balance calculations
• Major equipment list
• AACE class 5 CAPEX estimate

The project is scheduled for completion in Q2 2025, with plant development planned for 2025. This initiative aligns with Homerun's strategy to focus on high-margin applications and establish itself as a leading global provider of high-purity silica sand for industrial and technology applications.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced a non-brokered private placement financing targeting minimum gross proceeds of CA$3 million. The financing structure includes a minimum of 2,500,000 units priced at CA$1.20 per unit, based on the 90-day volume weighted average share price.

Each unit comprises one common share and one purchase warrant, with warrants exercisable at CA$2 per share within 24 months. The company maintains acceleration rights if shares trade at or above CA$3 for 10 consecutive trading days. The securities will have a four-month hold period, and finders' fees may apply per TSX Venture Exchange policies.

Proceeds will support general working capital and ongoing business development in the company's vertically integrated silica to solar and energy storage operations.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced the rebranding of its newly acquired subsidiary Halocell Europe SRL to Homerun Energy SRL. The acquisition brings significant assets including:

- 15 years of experience in photovoltaic technologies with specialization in perovskite photovoltaics
- A perpetual license for Perovskite PV and other Patent Rights from Halocell Energy (Australia)
- A stake in Halocell Energy (Australia), pioneers in perovskite-on-device technology
- A binding agreement to acquire 60% of SeisSolar Fotovoltaica with rights for the remaining 40%

SeisSolar, a European leader in B2B alternative energy solutions, has generated over EUR70 million in cumulative revenues over 2022-2024. The company will integrate AI Energy Management and Control System Solutions into SeisSolar's network of over 2,800 active customers across Southern Europe and North Africa.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has completed the acquisition of Halocell Europe SRL, which will be renamed to Homerun Energy SRL. The acquisition terms include:

- 1.1 million Homerun common shares issued to Halocell Energy
- AU$600,000 investment in Halocell Energy (5 million shares)

The deal includes escrow restrictions on share sales, with Consideration Shares locked for 4 months followed by a 100,000 monthly sale limit. Similarly, Halocell Energy Shares have a 4-month lock-up period with a 500,000 monthly sale limit. Both parties must provide 30-day notice before selling shares.

Additionally, Halocell Energy granted a perpetual, royalty-free patent license to Halocell Europe. The company also issued 2.1 million stock options at $1.50 per share with a 5-year expiry, and announced the exercise of 7,514,000 warrants from March 2023 at $0.20.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding offtake agreement with Balfar Solar, a top-three solar panel manufacturer in Brazil. The agreement outlines Balfar's interest in purchasing a minimum of 100,000 tonnes of solar glass annually at USD 750 per tonne (FOB) once Homerun's Solar Glass Plant begins production.

Additionally, both companies have agreed to explore a potential Joint Venture (JV) focused on Balfar's solar module business. The JV aims to expand solar module sales in the Brazilian market and secure vertically integrated sales of Homerun's silica sand and solar glass. This collaboration also provides a pathway for Homerun's Perovskite Solar initiatives.

The agreement is non-binding and will be superseded by binding agreements upon development of the solar module JV and/or when the solar glass plant reaches a Bankable Feasibility Study. This marks Phase 3 of Homerun's Strategic Roadmap towards becoming a fully integrated materials company.

Homerun Resources Inc. (HMRFF) has announced its preliminary Mineral Resource Estimate (MRE) for high-purity silica sand in the Belmonte District, Bahia, Brazil. The MRE reveals 25.56 Mt measured and 38.35 Mt inferred resources of high-purity silica sand (>99.6% SiO2).

The assessment involved 2,565.51 metres of drilling across 254 auger holes, with 1,033 samples analyzed. Current drilling was to 10 metres depth, though potential exists for significant resource increase with deeper drilling to 30 metres, based on historical extraction in the district. A simple washing process effectively removes impurities and increases silica sand grade.

The company's proximity to Jundu operations provides opportunities for long-term, high-volume exploitation. A 43-101 compliant Technical Report is expected before March 31st, 2025. The MRE is part of Homerun's 40-year lease agreement with Companhia Baiana de Pesquisa Mineral (CBPM).

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has been selected for inclusion in the 2025 TSX Venture 50, a prestigious ranking of the top 50 performing companies among over 1,600 issuers on the TSX Venture Exchange.

The selection criteria were based on three key performance indicators during 2024: market capitalization growth, share price appreciation, and trading volume. The company's success is attributed to its work in transforming raw material silica sand into critical industrial inputs.

CEO Brian Leeners expressed pride in this recognition, highlighting the company's commitment to innovation and growth in the materials sector, while emphasizing their contribution to a sustainable future through their industrial vertical integration from raw materials to final products and commercial sales.