Homerun Resources Inc. Executes NREL Enduring Thermal Energy Storage Global Intellectual Property Agreement Including New Patent Application and EMS Integration

Rhea-AI Summary

Homerun Resources (OTCQB: HMRFF) announced that newly formed subsidiary Homerun Energy USA executed a global Intellectual Property Agreement with Alliance for Sustainable Energy, manager of the U.S. Department of Energy's NREL, covering NREL particle-based thermal energy storage IP. The IPA grants a 12-month option to license Alliance IP developed under CRADA No. CRD-23-24168.

Homerun also filed a new patent application for a thermal energy storage system integrated with silica purification and will integrate its AI Energy Management System (EMS) into NREL particle-based TES under the commercialization plan.

Positive

• 12-month option to license NREL particle-based TES IP
• New patent application filed under CRADA No. CRD-23-24168
• Planned integration of Homerun AI EMS into NREL TES systems
• Existing IP portfolio includes issued patents in US, Canada, Brazil

Negative

• Option is non‑exclusive and limited to a 12-month option period
• License requires commercially reasonable efforts to commercialize
• No binding long-term license or commercial revenue commitments yet

News Market Reaction

+9.73%

1 alert

+9.73% News Effect

On the day this news was published, HMRFF gained 9.73%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Option period: 12 months CRADA reference: CRADA No. CRD-23-24168 System components: 5 components

3 metrics

Option period 12 months Length of option under Intellectual Property Agreement with Alliance/NREL

CRADA reference CRADA No. CRD-23-24168 Agreement framework for joint thermal energy storage invention

System components 5 components Sand-TES system: lifting device, heater, silos, exchanger, power generation

Market Reality Check

Price: $0.7500 Vol: Volume 33,614 is modestly...

normal vol

$0.7500 Last Close

Volume Volume 33,614 is modestly above the 20-day average of 31,085, suggesting slightly elevated interest ahead of this announcement. normal

Technical Shares trade above the 200-day MA, with price at 0.90 versus MA(200) at 0.73, indicating a pre-existing upward trend.

Peers on Argus

Within Basic Materials/Gold peers, moves were mixed: MGMLF up 6.55%, SPAUF up 3....

Within Basic Materials/Gold peers, moves were mixed: MGMLF up 6.55%, SPAUF up 3.91%, while ONGRF and VIORF were down. HMRFF’s gain of 2.94% appears more company-specific than broad sector-driven.

Common Catalyst One peer, SPAUF, had strong positive news tied to gold drilling results, indicating stock-specific catalysts rather than a shared sector event.

Historical Context

5 past events · Latest: Dec 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 08	Equity financing	Positive	+6.2%	Closed CDN$6M financing with structured share and warrant escrow terms.
Dec 02	Advisor engagement	Positive	-0.5%	Hired corporate development advisor to help commercialize NREL-linked storage.
Dec 01	IP agreement	Positive	+9.7%	Executed global IP agreement with NREL and filed new TES–silica patent.
Nov 28	Exchange listing	Positive	+1.7%	Commenced trading on Tradegate Exchange to broaden European liquidity.
Nov 26	EMS deployment	Positive	+17.7%	Announced first commercial installation of "The Hub" AI EMS on a battery asset.

Pattern Detected

Recent news has frequently coincided with positive price reactions, especially around technology commercialization and capital raising, with only one minor divergence.

Recent Company History

Over late November–December 2025, Homerun reported several milestones: a Tradegate Exchange listing expanding European access, first commercial deployment of its AI EMS "The Hub", execution of the NREL IP agreement and related patent application, engagement of a corporate development advisor for commercialization, and a CDN$6,000,000 financing. Most of these announcements were followed by positive price moves, suggesting the market had been receptive to the company’s technology and capital formation updates before this IP agreement news.

Market Pulse Summary

The stock moved +9.7% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +9.7% in the session following this news. A strong positive reaction aligns with the company’s pattern of favorable responses to commercialization and technology milestones, such as prior AI EMS deployments and the NREL collaboration. The IP option and new patent application reinforced Homerun’s positioning in silica-based thermal energy storage. However, investors previously saw at least one divergence on advisory news, and capital raises have featured structured terms, so sustainability of a move would have depended on how markets weighed execution risk and future funding needs.

Key Terms

Cooperative Research and Development Agreement, thermal energy storage, energy management system, calcination, +2 more

6 terms

Cooperative Research and Development Agreement regulatory

"a subject invention resulting under the Cooperative Research and Development Agreement (CRADA No. CRD-23-24168)"

A cooperative research and development agreement (CRADA) is a formal partnership between a government research lab and a private company to jointly develop technology or products, with each side contributing staff, facilities, or funding while agreeing on how results and patents are shared. For investors, a CRADA can speed development, lower costs and give a company access to specialized government expertise or facilities—similar to renting a well-equipped workshop with shared ownership of whatever is built—potentially improving the odds of commercial success.

thermal energy storage technical

"particle-based thermal energy storage systems.Homerun also announces that a new patent application"

Thermal energy storage is a technology that captures heat or cold so it can be used later, like a rechargeable battery that holds temperature instead of electricity. It matters to investors because it can lower energy costs, improve reliability for buildings and power plants, enable more use of renewable power, and create new revenue streams or cost savings for projects and companies involved in energy infrastructure.

energy management system technical

"Homerun Energy's AI Energy Management System (EMS) will be integrated into the NREL"

An energy management system is a technology that monitors, controls, and optimizes how energy is used within a building or facility. Think of it as a smart thermostat that helps save energy and reduce costs by making sure electricity, heating, and cooling are used efficiently. For investors, it matters because it can lower expenses, improve sustainability, and support long-term value in organizations focused on energy efficiency.

calcination technical

"silica calcination purification integrated with the Homerun Energy EMS to complete"

Calcination is a high‑temperature heating process used to drive off moisture, carbon dioxide, or other volatile components from ores, minerals, or chemical compounds, leaving a more stable, often powdered, product. For investors, it matters because calcination affects production yields, product quality, energy and environmental costs, and regulatory compliance in industries like mining, cement and specialty materials — similar to how roasting transforms coffee beans and changes both flavor and weight.

combined cycle power generation technical

"Discharge Heat Exchanger, and (5) Combined Cycle Power Generation."

Combined cycle power generation is a method for producing electricity that pairs a gas turbine with a steam turbine so the waste heat from the first is reused to drive the second, much like using the heat from a stovetop to warm a kettle. It matters to investors because it yields higher fuel efficiency, lower operating costs and typically fewer emissions than single-cycle plants, affecting profitability, regulatory risk and long-term competitiveness of power projects.

AI energy management technical

"Enduring Long Duration Energy Storage System integrated with "The Hub" AI Energy Management Platform"

AI energy management uses artificial intelligence to monitor and control how electricity and fuel are produced, distributed and consumed, making systems run more efficiently and reliably. Think of it as a smart, learning thermostat for entire buildings, grids or factories that predicts demand, schedules equipment and cuts waste to lower bills and emissions. Investors care because improved efficiency and predictive maintenance can boost profit margins, reduce regulatory risk, and create new recurring-revenue services.

AI-generated analysis. Not financial advice.

KEY POINTS

• Homerun Energy USA, Inc. has executed a global Intellectual Property Agreement, or option agreement, with Alliance for Sustainable Energy LLC., the manager and operator of the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) covering the intellectual property related to NREL's particle-based thermal energy storage systems.

• Homerun also announces that a new patent application has been filed for a subject invention resulting under the Cooperative Research and Development Agreement (CRADA No. CRD-23-24168) between Homerun and Alliance. The invention relates to a thermal energy storage (TES) system integrated with silica sand purification that results in advanced silica material that can be utilized in technology and energy end-uses for example battery anode precursor materials.

• Under the commercialization plan, Homerun Energy's AI Energy Management System (EMS) will be integrated into the NREL particle-based thermal energy storage systems.

• An overview of the system application and integration into use-case scenarios can be found at: https://homerunresources.com/wp-content/uploads/2025/11/HMR-Enduring-License-IP-2-1.pdf

Reno, Nevada--(Newsfile Corp. - December 1, 2025) - Homerun Energy USA, Inc. ("Homerun" or the "Company") a newly formed 100% owned subsidiary of Homerun Resources, Inc. (TSXV: HMR) (OTCQB: HMRFF) is pleased to announce that the Company has signed an Intellectual Property Agreement ("IPA") with Alliance for Sustainable Energy, LLC ("Alliance"), management and operating contractor of the U.S. Department of Energy's National Renewable Energy Laboratory ("NREL").

Brian Leeners, CEO of Homerun stated, "This IPA is the culmination of a two-year partnership between Homerun and NREL and is the realization of the synergy across the Homerun vertical strategy where our unique silica sand facilitates particle-based energy storage and silica calcination purification integrated with the Homerun Energy EMS to complete and advance the potential commercial offerings. Having achieved this level of integration on the capital expended to date, is a complement to the vision and creativity within our electrification strategy. Working with the team at NREL, lead by Zhiwen Ma, has fast-tracked the development cycle to where we are today at the precipice of commercialization into a global electrification revolution demanding economic long-life, long duration energy storage and industrial heating/cooling solutions."

Homerun entered a CRADA with NREL (CRD-23-24168), and subsequently formed a U.S. based startup company, Homerun Energy USA, Inc. that is securing the option for the license to certain intellectual property belonging to Alliance, which was brought into the IPA and/or developed under the CRADA ("Option"). Alliance is the owner of the Alliance Intellectual Property and is granting the Option through the IPA, for Homerun to advance the technologies toward commercial application. The option period runs for twelve (12) months, subject to ongoing negotiations during that period.

As a part of any license, Alliance requires Homerun to use commercially reasonable efforts to bring Alliance Intellectual Property to market through a thorough, vigorous, and diligent commercialization program. The NREL particle-based thermal energy storage system was originally developed using funding from ARPA-E, and the IP portfolio consists of many issued patents and patent applications filed in the U.S., Canada, and Brazil.

Figure A shows the diagram of long duration energy storage technology using sand-based thermal energy storage developed in the ARPA-E supported project that is under the license agreement.

Figure A. Sand-Thermal Energy Storage System Consists of: (1) Particle-Lifting Device, (2) Charging Electric Heater, (3) Internally Insulated Storage Silos, (4) Discharge Heat Exchanger, and (5) Combined Cycle Power Generation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_001full.jpg

Homerun also announces that a new patent application has been filed for the invention resulting under the Cooperative Research and Development Agreement (CRADA No. CRD-23-24168) between Homerun and Alliance. The invention relates to a thermal energy storage (TES) system integrated with silica sand purification processing.

Key relevant aspects of the innovation include:

• A system comprising a sand thermal energy storage process and a silica purification process where silica sand is used as the thermal energy storage medium and as a final product of the silica purification process.

• The storage charging/discharging devices are contained in a single system, and silica calcination and/or drying devices are contained within that system.

Sustainable Impact

• Synergize energy storage with silica purification and maximizes energy utilization.

• Efficiency: recovers and reuses process heat for both internal plant operations and external industrial customers (pulp & paper, food, chemicals, metallurgical applications and data centres).

• Flexible Revenue: the dual-purpose system opens multiple profit channels in power sales, industrial process heat contracts, and processed silica materials supply.

Under the commercialization plan for the NREL Energy Storage System, Homerun Energy will integrate its advanced AI energy management and control system (EMS). Homerun's technology is designed to operate across devices and brands to optimize energy capture, maximize storage efficiency and enable smarter, more sustainable energy use. By integrating AI into the edge Hub and into the cloud, Homerun empowers the end-user to better monitor, control and predict energy generation, usage and needs, enhancing performance while reducing costs and environmental impact and enabling advanced services such as energy trading.

Figure B shows the innovative modular sand thermal energy storage that Homerun is looking to bring to the market as a first step of commercializing the sand energy storage method.

Figure B. Modular Sand Thermal Energy Storage System for Heat and/or Power.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/276424_08c27c92d41a1970_002full.jpg

About Homerun (https://www.homerunenergy.com/ and https://homerunresources.com/) Homerun Energy USA, Inc (Reno, NV) is a 100% subsidiary of Homerun Resources, Inc.

Homerun Resources Inc. (TSXV: HMR) 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".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276424

FAQ

What did Homerun Resources announce on December 1, 2025 regarding NREL and HMRFF?

Homerun Energy USA signed an IPA with Alliance/NREL granting a 12-month option to license particle-based TES IP and filed a related patent under CRD-23-24168.

How long is the option period for the NREL IP license for HMRFF?

The option period runs for twelve (12) months, subject to ongoing negotiations during that period.

What technology will HMRFF integrate into NREL's particle-based thermal energy storage systems?

Homerun will integrate its AI Energy Management System (EMS) into the NREL particle-based TES under the commercialization plan.

What is the subject of the new patent application filed by Homerun under the CRADA?

The application covers a thermal energy storage system integrated with silica sand purification, using sand as both storage medium and processed silica product.

Does the IPA include existing patents from the ARPA-E project for HMRFF investors?

Yes; the IP portfolio includes issued patents and applications filed in the US, Canada, and Brazil from the ARPA-E supported project.

What commercial revenue channels does Homerun cite for the sand-TES system (HMRFF)?

The company cites power sales, industrial process heat contracts, and sales of processed silica materials as potential revenue channels.