Homerun Resources Inc Stock Price, News & Analysis

Homerun Resources (TSXV: HMR / OTCQB: HMRFF) announced on November 18, 2025 that it engaged Minerali Industriali Engineering Srl (MIE) to perform laboratory and pilot-scale testing on high-purity, low-iron silica sand from Santa Maria Eterna, Belmonte, Bahia, Brazil.

The testing will evaluate the sand's suitability for manufacturing antimony-free solar glass and is described as a key third-party deliverable for the Company's ongoing Bankable Feasibility Study toward establishing a solar glass plant in Latin America.

Homerun Resources (OTCQB: HMRFF / TSXV: HMR) engaged DTEC PMP GmbH to deliver a Bankable Feasibility Study (BFS) for its antimony-free solar glass manufacturing project using high-purity, low-iron silica from Santa Maria Eterna, Belmonte, Bahia, Brazil.

The BFS will produce a full technical and economic evaluation aligned with international banking standards, covering design, CAPEX/OPEX, market analysis, financial modeling, risks and mitigations, and ESG. Completion is expected within Q1 2026, after which the study will support project financing, detailed design, and construction planning.

Homerun Resources (OTCQB: HMRFF, TSXV: HMR) executed a binding Memorandum of Understanding with Magnum Mining (ASX: MGU, OTCQB: MGUFF) to jointly evaluate Homerun's ultra-pure silica sand as a column media for adsorption and chromatographic separation of rare earth elements from Magnum's Brazilian REE projects.

The program targets bench-scale adsorption/chromatography with possible pilot-scale modular expansion, joint ownership of any testing IP, a 12-month MoU term (subject to renewal), and cost-sharing for test budgets. Peer-reviewed studies cited report bench-scale silica chromatography achieving ≥99.9% Heavy-REE purity using mineral-acid eluents.

Homerun Resources (OTCQB: HMRFF / TSXV: HMR) submitted a formal application for conditional approval of a $6.0 million institutional financing and is awaiting conditional TSX Venture Exchange approval. The company also reports an oversubscribed $3.0 million unit private placement priced at $1.00 per unit.

The $3.0M financing will close after the $6.0M institutional financing; the company received TSX-V approval to extend the institutional financing closing by 30 days to November 24, 2025. Both financings are anticipated to close in the immediate term, subject to TSX-V approval.

Homerun Resources (OTCQB: HMRFF) announced its Belmonte (BA) solar glass partners have confirmed the company's Santa Maria Eterna silica sand allows production of 100% antimony-free solar glass from start of operations. The sand shows oxidizable iron levels below 20 ppm, enabling required optical clarity without antimony additives. Equipment and furnace designs are ready, with no additional CAPEX (same or less) and only minor operational adjustments that the company says should lower OPEX. The release positions HMRFF to supply scarce low-iron feedstock as regulatory and market pressure grows for antimony-free PV glass, and cites independent tests supporting improved efficiency and photo-degradation resistance for antimony-free glass.

Homerun Resources (OTCQB: HMRFF) announced TSX Venture Exchange approval of the structure for a previously announced $6,000,000 institutional financing with a single institutional investor. The company will submit a formal application for conditional approval and expects that conditional approval shortly. Additional terms and timing will be provided after conditional approval.

Separately, Homerun says its $3,000,000 unit private placement at $1.00 is oversubscribed. That private placement will close after the $6,000,000 financing because several subscribers requested the institutional closing be a precedent; the company received TSX-V approval to extend the institutional financing closing to Oct. 24, 2025.

Homerun Resources Inc. (OTCQB: HMRFF) provided updates on two significant financing initiatives. The company is finalizing a pioneering $6 million institutional financing that represents a first-of-its-kind structure on the TSXV, currently pending exchange approval. Additionally, Homerun has received TSXV approval to extend the closing of its separate $3 million unit private placement to October 6, 2025.

The company expects both financings to close fully subscribed in the near term, subject to TSXV approval. CEO Brian Leeners highlighted that this innovative financing structure positions Homerun as a pioneer in new capital solutions on the TSXV, supporting their plans for future growth and potential listing on the London Stock Exchange's Main Market.

Homerun Resources Inc. (OTCQB: HMRFF) has signed an updated non-binding offtake agreement with Brasil Fotovoltaico Ltda. (BRFV) for supplying 180,000 tonnes of solar glass annually from their Belmonte, Bahia facility in Brazil. The initial price is set at USD 750 per tonne FOB.

The company has now secured 300,000 tonnes in total offtake agreements and expects to reach 450,000 tonnes, exceeding their planned 1,000-tonne daily plant capacity. The Bankable Feasibility Study (BFS) is progressing with key elements including silica resources, processing capabilities, plant engineering, and infrastructure costs already identified.

Homerun Resources (OTCQB: HMRFF) has signed a binding Letter of Intent to acquire exploitation rights for the Pedreiras mining tenement in Brazil's Santa Maria Eterna Silica Sand District. The acquisition includes a 32 million tonne measured resource that has been drilled to 8 metres and is fully permitted.

The transaction, valued at US$1.4 million (US$1.2M in shares at CA$1.00 and US$200K in warrants), represents Homerun's third CBPM lease acquisition. This strategic move gives the company complete control over the district, with a total target resource exceeding 200 million tonnes. The consolidation has been achieved for a total capital outlay of US$2.1 million, significantly below the implied value based on the US$150 per tonne transfer price for the planned Solar Glass Manufacturing facility.