Homerun Resources Inc. New Consultant for the Development of the Solar Glass Production Project
Rhea-AI Summary
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced the hiring of Joel Rovaris Ferrari as a specialized consultant to support the development of their solar glass plant feasibility study in Camaçari, Bahia, Brazil. Mr. Ferrari, a Brazilian industrial manager with over 25 years of experience in solar energy, ceramics, and industrial chemistry, will focus on gathering information about supply costs, energy, labor, and raw materials in the region to calculate the Cost of Goods Sold (COGS) for the manufacturing plant.
This hire aligns with Homerun's Phase 3 Business Plan Roadmap and their partnership with Companhia Baiana de Pesquisa Mineral (CBPM) under a 40-year lease agreement. The project aims to add vertical market value to the Belmonte High Purity Silica Sand asset and meet the growing demand for raw materials in clean and renewable energy sources.
Positive
- Hired experienced consultant Joel Rovaris Ferrari to support solar glass plant feasibility study
- Consultant's expertise aligns with company's Phase 3 Business Plan Roadmap
- Project aims to add vertical market value to Belmonte High Purity Silica Sand asset
- Partnership with CBPM includes a 40-year lease agreement
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HMRFF declined 0.02%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has secured the services of a specialized consultant, who will support the immediate development of the feasibility study for the implementation of the Company's planned solar glass plant in Camaçari, in the State of Bahia, Brazil.
Mr. Joel Rovaris Ferrari, a Brazilian citizen, is a seasoned industrial manager in the sectors of solar energy, ceramics and industrial chemistry. He graduated with a degree in Ceramics Technology and has an MBA in Personnel Management, Business Administration and Marketing Management. He is also attending further specialization in Materials Engineering and Production Engineering.
Mr. Ferari has more than 25 years of experience including implementation of zero-base industrial projects, with particular focus on developing the supply chain logistics and staffing. Such projects have included a solar panel assembly plant and porcelain / ceramic tile plants throughout the Northeast region of Brazil.
The Company has secured Joel's consulting services with an immediate focus on gathering the necessary information regarding cost of supplies, energy, labor and raw materials in the region of Camaçari, supporting the calculation of the Cost of Goods Sold (COGS) for the Company's solar glass manufacturing plant, being developed in partnership with HORN Glass Industries (Germany).
This consulting hire will support Homerun's Phase 3 Business Plan Roadmap and is in line with the commitment under its partnership with Companhia Baiana de Pesquisa Mineral (CBPM), within the scope of the 40-year lease agreement between the parties. Securing Joel as a consultant will be instrumental toward the goal of adding vertical markets value to the Belmonte High Purity Silica Sand asset.
"Joel is an invaluable resource for Homerun, bringing a skillset that is extremely useful at this stage of our industrial development. He is also a great personality and having him in the team is going to be a great pleasure," stated Armando Farhate, COO of Homerun.
"Homerun comes with an innovative and inspiring project, adding the potential of Bahia's natural resources, and aiming to meet a growing demand for raw materials for clean and renewable energy sources. With the skills and experiences acquired, and together with the committed team at Homerun, this project will be a success, completing an important milestone for Brazil and the world," stated Joel Ferari.
About Homerun Resources (https://homerunresources.com/)
Homerun is focused on the development of industrial materials and technologies that will contribute to meeting the world's clean energy and climate goals. The Company is listed on the TSX Venture Exchange under the symbol HMR.
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)
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/225960
FAQ
What is the purpose of Homerun Resources Inc. (HMRFF) hiring Joel Rovaris Ferrari?
How does the new consultant hire align with Homerun Resources Inc.'s (HMRFF) business plan?
What is the main goal of Homerun Resources Inc.'s (HMRFF) solar glass production project?
Who is Homerun Resources Inc. (HMRFF) partnering with for the solar glass plant project?
