Welcome to our dedicated page for Homerun Resources news (Ticker: HMRFF), a resource for investors and traders seeking the latest updates and insights on Homerun Resources stock.
Homerun Resources Inc. (HMRFF) generates news at the intersection of high-purity silica mining, solar glass manufacturing, long-duration energy storage, and AI-driven energy management. Company updates frequently highlight developments in the Santa Maria Eterna Silica Sand District in Belmonte, Bahia, Brazil, where Homerun reports multiple mineral rights and leases in partnership with Companhia Bahiana de Produção Mineral and related entities.
Investors following HMRFF news can expect coverage of mining permits, lease agreements, and acquisitions of additional mineral rights in the Santa Maria Eterna district. Recent announcements describe a mining permit issued by Brazil’s National Mining Agency, the finalization of a definitive lease agreement with CBPM, and the closing of a third CBPM lease acquisition, which the company presents as consolidating control over its silica sand district position.
Homerun’s news flow also includes updates on its planned silica processing and solar glass industrial hub in Santa Maria Eterna. Releases discuss a long-term surface rights agreement over the CENTRO INDUSTRIAL SÃO JOSÉ DA SILICA, municipal and federal support for road improvements linking the district to the BR‑101 federal highway, and progress on a Bankable Feasibility Study for a high-efficiency solar glass plant.
On the technology side, Homerun frequently reports on its collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory through Homerun Energy USA, Inc. News items cover an Intellectual Property Agreement for particle-based thermal energy storage systems, a new patent application for a thermal energy storage system integrated with silica purification, and the integration of its AI Energy Management System. Financing transactions, private placements, and international listings, including a Tradegate Exchange listing in Germany, also feature in the company’s news, providing context on capital raising and market access.
Homerun Resources Inc. (HMRFF) has commissioned Dorfner Anzaplan GmbH to perform final testing and design work for its high-purity silica sand purification plant in Belmonte, Brazil. The project aims to establish a 120,000 tonnes per annum processing facility and produce Ultra-Pure Silica Sand with less than 100 ppm of impurities.
The engagement builds on previous successful test work conducted in 2024 with NREL and UC-Davis Materials Lab, which demonstrated the ability to achieve >99.99% SiO2 purity. Anzaplan will develop:
- Process design and block flow diagram
- Mass balance calculations
- Major equipment list
- AACE class 5 CAPEX estimate
The project is scheduled for completion in Q2 2025, with plant development planned for 2025. This initiative aligns with Homerun's strategy to focus on high-margin applications and establish itself as a leading global provider of high-purity silica sand for industrial and technology applications.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced a non-brokered private placement financing targeting minimum gross proceeds of CA$3 million. The financing structure includes a minimum of 2,500,000 units priced at CA$1.20 per unit, based on the 90-day volume weighted average share price.
Each unit comprises one common share and one purchase warrant, with warrants exercisable at CA$2 per share within 24 months. The company maintains acceleration rights if shares trade at or above CA$3 for 10 consecutive trading days. The securities will have a four-month hold period, and finders' fees may apply per TSX Venture Exchange policies.
Proceeds will support general working capital and ongoing business development in the company's vertically integrated silica to solar and energy storage operations.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced the rebranding of its newly acquired subsidiary Halocell Europe SRL to Homerun Energy SRL. The acquisition brings significant assets including:
- 15 years of experience in photovoltaic technologies with specialization in perovskite photovoltaics
- A perpetual license for Perovskite PV and other Patent Rights from Halocell Energy (Australia)
- A stake in Halocell Energy (Australia), pioneers in perovskite-on-device technology
- A binding agreement to acquire 60% of SeisSolar Fotovoltaica with rights for the remaining 40%
SeisSolar, a European leader in B2B alternative energy solutions, has generated over EUR70 million in cumulative revenues over 2022-2024. The company will integrate AI Energy Management and Control System Solutions into SeisSolar's network of over 2,800 active customers across Southern Europe and North Africa.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has completed the acquisition of Halocell Europe SRL, which will be renamed to Homerun Energy SRL. The acquisition terms include:
- 1.1 million Homerun common shares issued to Halocell Energy
- AU$600,000 investment in Halocell Energy (5 million shares)
The deal includes escrow restrictions on share sales, with Consideration Shares locked for 4 months followed by a 100,000 monthly sale limit. Similarly, Halocell Energy Shares have a 4-month lock-up period with a 500,000 monthly sale limit. Both parties must provide 30-day notice before selling shares.
Additionally, Halocell Energy granted a perpetual, royalty-free patent license to Halocell Europe. The company also issued 2.1 million stock options at $1.50 per share with a 5-year expiry, and announced the exercise of 7,514,000 warrants from March 2023 at $0.20.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding offtake agreement with Balfar Solar, a top-three solar panel manufacturer in Brazil. The agreement outlines Balfar's interest in purchasing a minimum of 100,000 tonnes of solar glass annually at USD 750 per tonne (FOB) once Homerun's Solar Glass Plant begins production.
Additionally, both companies have agreed to explore a potential Joint Venture (JV) focused on Balfar's solar module business. The JV aims to expand solar module sales in the Brazilian market and secure vertically integrated sales of Homerun's silica sand and solar glass. This collaboration also provides a pathway for Homerun's Perovskite Solar initiatives.
The agreement is non-binding and will be superseded by binding agreements upon development of the solar module JV and/or when the solar glass plant reaches a Bankable Feasibility Study. This marks Phase 3 of Homerun's Strategic Roadmap towards becoming a fully integrated materials company.
Homerun Resources Inc. (HMRFF) has announced its preliminary Mineral Resource Estimate (MRE) for high-purity silica sand in the Belmonte District, Bahia, Brazil. The MRE reveals 25.56 Mt measured and 38.35 Mt inferred resources of high-purity silica sand (>99.6% SiO2).
The assessment involved 2,565.51 metres of drilling across 254 auger holes, with 1,033 samples analyzed. Current drilling was to 10 metres depth, though potential exists for significant resource increase with deeper drilling to 30 metres, based on historical extraction in the district. A simple washing process effectively removes impurities and increases silica sand grade.
The company's proximity to Jundu operations provides opportunities for long-term, high-volume exploitation. A 43-101 compliant Technical Report is expected before March 31st, 2025. The MRE is part of Homerun's 40-year lease agreement with Companhia Baiana de Pesquisa Mineral (CBPM).
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has been selected for inclusion in the 2025 TSX Venture 50, a prestigious ranking of the top 50 performing companies among over 1,600 issuers on the TSX Venture Exchange.
The selection criteria were based on three key performance indicators during 2024: market capitalization growth, share price appreciation, and trading volume. The company's success is attributed to its work in transforming raw material silica sand into critical industrial inputs.
CEO Brian Leeners expressed pride in this recognition, highlighting the company's commitment to innovation and growth in the materials sector, while emphasizing their contribution to a sustainable future through their industrial vertical integration from raw materials to final products and commercial sales.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has executed a definitive agreement with Guidoni Brasil S.A. for the acquisition of exploitation rights in Belmonte, Bahia, Brazil. The agreement, dated February 6th, 2025, involves mining tenements previously granted to Guidoni by Companhia Bahiana de Pesquisa Mineral (CBPM).
The transaction highlights include:
- Permitted extraction rights
- Low extraction royalty of R$26 (US$4.50) per tonne
- Total payment of R$2.5 million, with R$500,000 paid upfront and R$2 million spread over four installments across 24 months
The transfer received CBPM's consent through a Presidential Order issued on January 20th, 2025. Dr. Roque Yuri Tandel, a qualified person with over 30 years of experience, has completed a physical visit and review of the mineral rights and resource development data.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding offtake agreement with Sengi Solar, Brazil's largest solar module manufacturer. The agreement outlines Homerun's supply of 20,000 tons of solar glass annually at US$750 per tonne FOB, with production costs estimated at US$400 per tonne.
The partnership aims to strengthen Brazil's domestic solar supply chain, where solar accounts for over 20% of total power capacity. Brazil recently joined an elite group of nations exceeding 50 GW of installed solar capacity, adding 13 GW from January to October 2024. Recent federal regulations favor domestic production through tariffs and tax advantages.
The agreement is part of Homerun's Strategic Roadmap Phase 3 towards becoming a fully integrated materials company. A binding agreement will be established once the company's planned Brazilian solar glass plant reaches Bankable Feasibility Study stage.
Homerun Resources Inc. (HMRFF) has signed a binding term sheet to acquire all shares of Halocell Europe SRL, a leader in perovskite solar cell technology. The acquisition involves issuing 1.1 million Homerun common shares and underwriting AU$600,000 worth of shares in Halocell Energy's entitlement offer. Halocell Europe brings over EUR 2.0 million in active grants and 18 months of working capital coverage.
The deal includes licensing arrangements for patent rights and aims to advance commercialization of perovskite solar technology, which has shown remarkable efficiency improvements from 3% in 2009 to over 25% in 2023. This acquisition aligns with Homerun's strategy to develop a vertically integrated business in the energy transition sector, focusing on solar and energy storage.
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