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 (HMRFF) completed the acquisition of a 442.7-hectare land package in Santa Maria Eterna, Bahia, Brazil. The Fazenda Conjunto São José e Nova Esperança property cost US$1.1 million, including US$500,000 cash and 864,055 previously issued common shares. All consideration has been paid.
The completed area replaces the 582 hectares disclosed in the purchase agreement announcement, following review of registered land documents and mapped boundaries. The property adjoins Homer's previously secured 64-hectare industrial surface-rights area. The acquisition also transfers mineral lease and royalty rights related to third-party exploration within the land and surface-rights areas.
Homerun plans silica purification, advanced-materials processing and solar-glass infrastructure in the district, subject to detailed engineering, permitting, financing and construction.
Homerun Resources (HMRFF) announced key details of a patent application for an antimony-free soda-lime-silica glass composition tailored for photovoltaic solar panels and high-transparency industrial uses.
The formulation uses high-purity silica produced through a proprietary purification process, allowing ultra-low ferric oxide (Fe₂O₃) levels below 0.020%, and below 0.012% in preferred versions, without chemical bleaching agents. Antimony-based clarifiers are fully eliminated and replaced by controlled sulfur trioxide (SO₃) content between 0.30% and 0.60% mass fraction to remove bubbles during melting while maintaining light transmission and mechanical properties. The glass retains standard soda-lime-silica characteristics, enabling use on existing industrial float glass lines and potential deployment in sectors such as architectural glass, optical components, electronic displays and automotive glazing.
Homerun Resources (HMRFF) has signed a three-year Memorandum of Understanding with Brazil’s state-owned semiconductor company CEITEC to cooperate on silicon carbide (SiC) wafer and substrate technologies in Brazil.
The partners plan joint studies, projects, and work plans to develop, produce, qualify, and establish manufacturing capabilities for semiconductor-grade SiC substrates and wafers, with Homerun as material provider and CEITEC as device developer and validator. They aim to build a vertically integrated Brazilian SiC value chain by defining technical requirements, coordinating raw material processing and thermal consolidation, engaging technology partners and suppliers, and jointly seeking domestic and international funding. The collaboration is framed against rapid global semiconductor market growth, including Q2 2026 sales of $403.3 billion, June 2026 sales of $134.5 billion, and projections that 2026 chip sales will exceed $1.5 trillion.
Homerun Resources (HMRFF) has extended the term of 1,675,054 common share purchase warrants by one year to October 28, 2027. These warrants were originally issued on October 28, 2024 under a private placement financing and had a two-year term with an exercise price of $2.00.
The company states that the $2.00 exercise price per warrant will remain unchanged despite the extension of the expiry date. The announcement includes standard forward-looking statement cautions under applicable securities legislation.
Homerun Resources (OTCQB:HMRFF, TSXV:HMR) announced a strategic expansion of its high-purity silica feedstock pathway to serve next-generation fused silica, silicon and silicon carbide (SiC) markets for integrated photonics, advanced telecom and quantum networks. The strategy is anchored by its high-purity, low-iron silica resources at the Santa Maria Eterna (SME) Silica Valley in Bahia, Brazil and a collaboration with UC Davis.
According to the company, UC Davis has developed a patent-pending, chemical-free laser process using SME silica sand to reach 4N (+99.99%) purity, aiming to support a US-based supply chain for silicon and SiC semiconductor feedstocks. Homerun outlines a four-stage value chain from precursor synthesis through advanced thermal consolidation, single-crystal SiC growth and precision wafer finishing, targeting “quantum grade” purity for photonic and quantum devices.
Homerun Resources (OTCQB:HMRFF) reported that additional test-work by Dorfner Anzaplan on the Santa Maria Eterna silica sand in Bahia, Brazil, produced bulk purified silica exceeding 99.99% SiO2 with total impurities of 81 ppm using 2-hour thermal pre-treatment followed by acid leaching.
According to the company, this campaign confirms reproducible processing at production scale and uses the shortest heating duration tested, which it indicates could lower future energy use and operating costs. Bulk purified samples have been shipped to prospective customers for qualification and to the University of California, Davis, to support advanced materials development.
Homerun Resources (OTCQB: HMRFF) announced that it has executed an exclusive Memorandum of Understanding (MOU) with Cebrace Cristal Plano, Brazil’s largest float glass manufacturer, to jointly evaluate a strategic commercial partnership for Homerun’s planned solar glass manufacturing facility in Bahia, Brazil.
The MOU framework covers potential Cebrace supply of solar module back glass into Homerun’s solar solutions and strategic advisory on development, implementation and operation of the proposed plant. Any commercial relationship remains subject to due diligence and definitive agreements, under customary confidentiality and exclusivity provisions.
Homerun’s bankable feasibility study currently contemplates two front glass lines, one back glass line and one hybrid line. If the MOU leads to definitive agreements, Homerun could reconfigure to three front glass lines and one hybrid line, increasing higher-margin front glass capacity. Recent milestones include completion of the feasibility study, acceptance into Bahia’s Programa Desenvolve industrial incentive program, and advancement of investment banking and financing initiatives supporting the solar glass project.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) closed an initial C$2,000,000 tranche under a convertible security funding agreement with Lind Global Fund III, the first portion of up to C$13,000,000 in potential follow-on investments, subject to mutual agreement and approvals. The 24‑month convertible security has a C$2,200,000 face value (including C$200,000 pre-paid interest), is senior secured over Homerun’s assets and subsidiary shares, and carries a six‑month repayment holiday followed by monthly cash repayments of C$111,111 from months 7–24.
Lind may convert principal at a fixed price of C$0.66 (110% of the pre‑announcement market close) and received 1,850,000 warrants at C$0.66. Homerun pays a C$80,000 closing fee to Lind and a $140,000 cash fee plus 233,333 shares to Benchmark, which acted as exclusive placement agent. Homerun also entered into a non‑exclusive advisory relationship with StoneX to evaluate strategic financing alternatives and support a potential future uplisting to a senior U.S. exchange.
Homerun Resources (OTCQB: HMRFF) amended the terms of its previously announced convertible security funding agreement (CFSA) with Lind by revising the warrant component tied to the Initial Tranche. The CFSA now provides for 1,850,000 warrants, representing 50% warrant coverage on the Initial Tranche, exercisable for 24 months at C$0.66 per share, equal to 110% of the market closing price on the day before the transaction announcement. All other financing terms remain unchanged. Homerun focuses on high-purity silica, solar glass, energy storage and AI-enabled energy solutions, anchored by a silica resource in Bahia, Brazil.
Homerun Resources (OTCQB: HMRFF, TSXV: HMR) received a signed letter of intent from an undisclosed leading European project finance bank to consider arranging, structuring and syndicating financing for its Solar Glass Project in Bahia, Brazil.
The contemplated export credit facility targets the equipment package, preliminarily estimated at approximately €170 million, within a total forecast project capital cost of nearly US$400 million. The potential loan tenor is up to 14 years from the commissioning date, aiming to align debt maturity with the project life cycle at competitive pricing. According to Homerun, the LOI is non-binding and any final commitment will depend on detailed due diligence and credit committee approvals, with no assurance that definitive agreements will be completed.