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Homerun Resources Inc. Receives Joint Support Plan from BNDES and FINEP Indicating Financial Instruments Available to Support Homerun's Business Plan

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Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has received a joint support plan from Brazil's National Development Bank (BNDES) and innovation agency (FINEP) following the selection of its business plan for the strategic minerals funding initiative. The plan outlines various financial instruments including long-term credit lines, equity investments, and non-reimbursable funds from the USD $815 million strategic minerals transformation initiative.

The available financing options include Climate Fund - Green Industry with up to R$500 million per economic group, More Innovation - Investments in R&D&I offering up to R$300 million, and FINEM - Productive Capacity covering up to 80% of project value. Terms range from 16-20 years with various grace periods and competitive interest rates.

The initiative is part of the New Industry Brazil program, with R$8 billion reserved for company equity investments, partially in partnership with Vale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha ricevuto un piano di supporto congiunto dalla Banca Nazionale di Sviluppo del Brasile (BNDES) e dall'agenzia per l'innovazione (FINEP) dopo la selezione del suo piano aziendale nell'ambito dell'iniziativa di finanziamento per i minerali strategici. Il piano prevede diversi strumenti finanziari, tra cui linee di credito a lungo termine, investimenti azionari e fondi non rimborsabili provenienti dall'iniziativa di trasformazione dei minerali strategici del valore di 815 milioni di dollari USA.

Le opzioni di finanziamento disponibili comprendono il Climate Fund - Green Industry con un massimo di 500 milioni di real per gruppo economico, More Innovation - Investimenti in R&S&I con un tetto di 300 milioni di real, e FINEM - Capacità Produttiva che copre fino all'80% del valore del progetto. I termini variano da 16 a 20 anni con diversi periodi di grazia e tassi di interesse competitivi.

L'iniziativa fa parte del programma New Industry Brazil, con 8 miliardi di real riservati per investimenti azionari nelle aziende, in parte in collaborazione con Vale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha recibido un plan de apoyo conjunto del Banco Nacional de Desarrollo de Brasil (BNDES) y la agencia de innovación (FINEP) tras la selección de su plan de negocios para la iniciativa de financiamiento de minerales estratégicos. El plan incluye varios instrumentos financieros, como líneas de crédito a largo plazo, inversiones en capital y fondos no reembolsables del programa de transformación de minerales estratégicos por un valor de 815 millones de dólares estadounidenses.

Las opciones de financiamiento disponibles incluyen el Climate Fund - Green Industry con hasta 500 millones de reales por grupo económico, More Innovation - Inversiones en I+D+i con un límite de 300 millones de reales, y FINEM - Capacidad Productiva que cubre hasta el 80% del valor del proyecto. Los plazos oscilan entre 16 y 20 años con varios períodos de gracia y tasas de interés competitivas.

La iniciativa forma parte del programa New Industry Brazil, con 8 mil millones de reales reservados para inversiones de capital en empresas, parcialmente en asociación con Vale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF)는 브라질 국가개발은행(BNDES)과 혁신기관(FINEP)으로부터 전략 광물 자금 지원 사업계획 선정에 따른 공동 지원 계획을 받았습니다. 이 계획에는 장기 신용 한도, 지분 투자, 환급 불가 자금 등 다양한 금융 수단이 포함되어 있으며, 8억 1,500만 미 달러 규모의 전략 광물 전환 이니셔티브에서 제공됩니다.

이용 가능한 금융 옵션으로는 경제 그룹당 최대 5억 헤알을 지원하는 기후기금 - 친환경 산업, 최대 3억 헤알을 지원하는 More Innovation - 연구개발 및 혁신 투자, 프로젝트 가치의 최대 80%를 지원하는 FINEM - 생산 능력이 있습니다. 조건은 16년에서 20년까지 다양하며, 여러 유예 기간과 경쟁력 있는 이자율이 적용됩니다.

이 이니셔티브는 New Industry Brazil 프로그램의 일부로, 80억 헤알이 기업 지분 투자에 할당되어 있으며, 일부는 Vale와의 협력으로 진행됩니다.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) a reçu un plan de soutien conjoint de la Banque nationale de développement du Brésil (BNDES) et de l'agence d'innovation (FINEP) suite à la sélection de son plan d'affaires pour l'initiative de financement des minéraux stratégiques. Le plan présente divers instruments financiers, notamment des lignes de crédit à long terme, des investissements en actions et des fonds non remboursables issus de l'initiative de transformation des minéraux stratégiques d'une valeur de 815 millions de dollars US.

Les options de financement disponibles comprennent le Climate Fund - Green Industry avec jusqu'à 500 millions de reais par groupe économique, More Innovation - Investissements en R&D&I offrant jusqu'à 300 millions de reais, et FINEM - Capacité productive couvrant jusqu'à 80 % de la valeur du projet. Les conditions varient de 16 à 20 ans avec différentes périodes de grâce et des taux d'intérêt compétitifs.

L'initiative fait partie du programme New Industry Brazil, avec 8 milliards de reais réservés aux investissements en fonds propres des entreprises, en partie en partenariat avec Vale.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) hat einen gemeinsamen Unterstützungsplan von der brasilianischen Nationalen Entwicklungsbank (BNDES) und der Innovationsagentur (FINEP) erhalten, nachdem sein Geschäftsplan für die strategische Mineralienfinanzierungsinitiative ausgewählt wurde. Der Plan umfasst verschiedene Finanzinstrumente, darunter langfristige Kreditlinien, Eigenkapitalinvestitionen und nicht rückzahlbare Mittel aus der strategischen Mineralientransformationsinitiative im Wert von 815 Millionen US-Dollar.

Die verfügbaren Finanzierungsmöglichkeiten umfassen den Climate Fund - Green Industry mit bis zu 500 Millionen BRL pro Wirtschaftskonzern, More Innovation - Investitionen in F&E&I mit bis zu 300 Millionen BRL und FINEM - Produktionskapazität, das bis zu 80 % des Projektwerts abdeckt. Die Laufzeiten liegen zwischen 16 und 20 Jahren mit verschiedenen Karenzzeiten und wettbewerbsfähigen Zinssätzen.

Die Initiative ist Teil des Programms New Industry Brazil, mit 8 Milliarden BRL, die für Unternehmensbeteiligungen reserviert sind, teilweise in Partnerschaft mit Vale.

Positive
  • Access to substantial funding through multiple financial instruments from BNDES and FINEP
  • Long-term financing options with favorable terms up to 20 years and competitive interest rates
  • Potential equity investment support from R$8 billion reserved fund
  • Partnership opportunity with mining leader Vale through the initiative
  • Selection for detailed work-plan phase indicates strong project viability
Negative
  • Financial support requests still require final analysis and approval
  • Multiple requirements and conditions must be met for each funding instrument
  • Project execution dependent on successful navigation of Brazilian regulatory environment

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is honoured to announce that following the Company's June 12th news release confirming the selection of Homerun's business plan to proceed to the Detailed Work-Plan phase for the strategic minerals funding initiative, the Company has now received a joint support plan from the public call issued by the Brazilian National Development Bank (BNDES) and the Brazilian innovation agency (FINEP), Call No. 753.

The joint support plan indicates the financial instruments available to Homerun within the scope of both institutions to support Homerun's business plan - including long-term credit lines, equity investments, non-reimbursable funds and economic subsidies designed to accelerate high-impact mineral-transformation projects from the landmark USD $815 million strategic minerals transformation initiative jointly launched by BNDES and FINEP.

Below is a list of the Products/Programs/Lines that may be utilized, provided the requirements of each instrument are duly met:

Program/LineFinancial CostBNDES RateTermMax. Value
Climate Fund - Green Industry6.5% per yearStarting at 1.3% per yearUp to 16 years, including up to 5 years of grace periodR$ 500 million per economic group every 12 months
More Innovation - Investments in R&D&IReference Rate (TR)Starting at 2.7% per yearUp to 16 years, including up to 4 years of grace periodR$ 300 million per economic group per calendar year
More Innovation - Pioneeering Plants50% of TR + 50% of Selic, TLP, or USDStarting at 2.7% per year (TR portion) + 1.1% per year (Selic, TLP, or USD portion)Up to 16 years, including up to 4 years of grace periodR$600 million (including $300 million in TR) per economic group per calendar year
FINEM - Productive CapacitySelic, TLP, or USDStarting at 1.1% per yearUp to 20 years, including a grace period of up to 6 months after operations begin80% of the project value, capped at 100% of fundable items

 

In addition to the facilities mentioned above, other long-term financing options are available. Homerun will now submit the financial support requests for final analysis by BNDES and FINEP.

Brian Leeners, CEO of Homerun Resources, stated: "We are pleased to receive this joint support plan from BNDES and FINEP to advance our solar glass production and silica processing capabilities, marking the successful review of our recently submitted detailed work plan. We will now work diligently to submit our financial support requests and look forward to providing updates to our shareholders in the near future."

The R$5 billion funding program is part of the New Industry Brazil initiative and is designed to support both large-scale industrial plants and pilot projects, with a focus on research, development, and innovation (R&D&I). With approximately R$8 billion reserved for investments in company equity—partly in partnership with mining leader Vale—the initiative is expected to leverage additional private investment and accelerate Brazil's leadership in sustainable, low-carbon mineral supply chains.

https://agenciadenoticias.bndes.gov.br/detalhe/noticia/BNDES-e-Finep-concluem-avaliacao-de-propostas-de-chamada-publica-de-projetos-com-foco-em-minerais-estrategicos/

The Company will provide further updates as the initiative progresses.

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

  • Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.

Homerun Energy Solutions

  • Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

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/260290

FAQ

What financing options did BNDES and FINEP offer to Homerun Resources (HMRFF)?

BNDES and FINEP offered multiple financing options including Climate Fund-Green Industry (up to R$500M), More Innovation R&D&I (up to R$300M), and FINEM-Productive Capacity (up to 80% of project value), with terms ranging from 16-20 years.

How much funding is available through the BNDES and FINEP strategic minerals initiative?

The strategic minerals transformation initiative has a total value of USD $815 million, with approximately R$8 billion reserved specifically for investments in company equity.

What are the terms of the Climate Fund - Green Industry program offered to Homerun Resources?

The Climate Fund - Green Industry program offers up to R$500 million per economic group every 12 months, with a 6.5% annual financial cost, BNDES rate starting at 1.3% per year, and terms up to 16 years including 5 years grace period.

What is the next step for Homerun Resources (HMRFF) in the BNDES/FINEP funding process?

Homerun Resources will submit financial support requests for final analysis by BNDES and FINEP to access the available funding instruments.

How will the BNDES/FINEP funding support Homerun Resources' operations?

The funding will support Homerun's solar glass production and silica processing capabilities, with focus on research, development, and innovation (R&D&I) for both large-scale industrial plants and pilot projects.
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