Homerun Resources Inc. Announces Binding Distribution Agreement with Cristal Sand Group, Securing First Commercial Sales of High-Purity Industrial Silica Sand from Santa Maria Eterna

Rhea-AI Summary

Homerun Resources (OTCQB: HMRFF) executed a binding 12-month Sales Distribution Contract with Cristal Sand Group to sell high-purity industrial silica sand from the Santa Maria Eterna district in Belmonte, Bahia, Brazil.

The agreement grants Cristal Sand exclusivity in a defined luxury construction market, secures initial commercial volumes, and begins deliveries with a minimum annual threshold while marketing efforts will be funded by Cristal Sand.

Positive

• Executed a 12-month binding Sales Distribution Contract with Cristal Sand
• Contract grants market exclusivity to Cristal Sand in a defined luxury construction segment
• Represents the first binding commercial sales contract for Santa Maria Eterna silica sand

Negative

• Contract term is limited to 12 months, creating short-term commercial visibility
• Agreement omits public pricing and firm volume disclosures, limiting near-term revenue clarity

Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has executed a binding Sales Distribution Contract with Cristal Sand Group Ltda. ("Cristal Sand") for the sale of high-purity industrial silica sand extracted from the Santa Maria Eterna ("SME") Silica Sand District in Belmonte, Bahia, Brazil, for delivery into the Brazilian luxury construction market.

The 12-month contract grants Cristal Sand exclusivity within its defined market and secures initial commercial volumes of Homerun's high-purity industrial silica sand, with deliveries expected to start with a minimum annual threshold and expand over time as the relationship and end-market demand scale. Cristal Sand has committed to invest in marketing and commercial activities related to Homerun's industrial silica sand, with the objective of building a premium position in high-end construction applications.

This Sales Distribution Contract represents Homerun's first binding commercial sales contract for industrial silica sand from Santa Maria Eterna and marks a critical execution milestone for the Company as it transitions from project development to revenue-generating operations. The marketing and distribution model implemented under this Sales Distribution Contract is Homerun's preference pathway for building a B2B network for industrial silica sand sales. In parallel, Homerun continues to receive considerable inbound interest and requests for proposals (RFPs) from additional potential customers evaluating the Company's SME industrial silica sand for a range of industrial applications.

Brian Leeners, CEO of Homerun, commented: "Today's agreement is a watershed moment for Homerun and our shareholders. It is our first binding sales contract for Santa Maria Eterna and effectively checks the box on being 'Open for Business' with our industrial silica sand platform. There were many deliverables required to get to this point in our business strategy - so well done to the Homerun Team and in particular Joel Ferari, our VP of Business Development. We see this initial contract as the tip of the iceberg in terms of the broader demand we are seeing for high-purity industrial silica sand within the Brazilian market. Our team focus is on flawless execution with Cristal Sand and on converting the growing pipeline of inbound interest and RFPs into additional long-term commercial industrial silica sand marketing, distribution and sales relationships."

Evandro Otto, Commercial Director of Cristal Sand stated, "For Cristal Sand, this agreement represents much more than growth. It is the consolidation of a position in the luxury segment, raising the level of delivery and expanding its capacity to meet increasingly demanding projects. We are very happy with this partnership. It is an important step that reinforces our vision of the future and the commitment to always offer the highest standard to the sector."

Figure 1. Homerun's silica value chain from extraction to advanced products, highlighting development and sales across each segment and signalling the beginning of industrial silica sales

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/289685_fa4f6e19043a585b_001full.jpg

About Homerun

Homerun is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

• Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
• Solar: Development of Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
• Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
• Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets - creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289685

FAQ

What did Homerun Resources announce on March 24, 2026 regarding HMRFF commercial sales?

Homerun announced a binding 12-month distribution contract with Cristal Sand for SME silica sand. According to the company, the deal grants Cristal Sand exclusivity in a defined luxury construction market and secures initial commercial volumes with deliveries starting at a minimum annual threshold.

Does the Cristal Sand agreement for HMRFF include exclusivity and for how long?

Yes. The contract grants Cristal Sand exclusivity within its defined market for 12 months. According to the company, exclusivity covers the Brazilian luxury construction segment while marketing investments will be made by Cristal Sand to build a premium position.

When will deliveries of Santa Maria Eterna silica sand to Cristal Sand begin for HMRFF?

Deliveries are expected to start under the contract with a minimum annual threshold. According to the company, initial shipments will commence during the 12-month contract period and expand as demand and the relationship scale.

What commercial significance does the Cristal Sand contract have for HMRFF investors?

It is Homerun's first binding commercial sales contract for SME silica sand, marking revenue-generation progress. According to the company, this milestone shifts the business from project development toward a B2B marketing and distribution pathway.

Will Cristal Sand invest in marketing for Homerun's silica sand under the HMRFF deal?

Yes. Cristal Sand committed to invest in marketing and commercial activities to build a premium position. According to the company, this investment aims to target high-end construction applications and expand demand for the silica sand.

Does the Homerun–Cristal Sand contract disclose pricing or firm volumes for HMRFF sales?

No specific pricing or firm volume figures were disclosed in the announcement. According to the company, the contract secures initial commercial volumes and a minimum annual threshold but does not publish price or exact volume details.