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. (TSXV: HMR) (OTCQB: HMRFF) has hired Odir Julio Pedrazzi Junior as a technical consultant for its solar glass plant project in Camaçari, Bahia, Brazil. Pedrazzi brings 37 years of experience in the glass industry, with expertise in glass processing and previous roles as Director of Operations and Industrial Manager at major Brazilian glass companies.
The 12-month consulting agreement aims to ensure the solar glass plant's development implements advanced techniques and technologies. This hire supports Homerun's Phase 3 Business Plan Roadmap and aligns with its 40-year lease agreement partnership with Companhia Baiana de Pesquisa Mineral (CBPM).
Homerun Resources Inc. (HMRFF) announces progress in their Enduring Energy Storage research partnership with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The research reveals promising results for Homerun's silica sand, achieving high purity levels confirmed by NREL and Colorado School of Mines. Key findings include successful thermal cycle testing, particle characterization, and heat capacity measurements. The silica particles show a mean diameter of 220 μm with normal distribution. The CRADA agreement has been extended to May 2025, focusing on assessing silica sand for energy storage, economic analysis, and developing site-specific storage configurations.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has completed its Phase 2 Logistics Plan and secured HPQ Silica supply in Belmonte, Bahia, Brazil. The company has established partnerships for extraction, processing, and transport with zero CAPEX requirements. Key developments include a partnership with Brazil's largest silica sand company for processing, transport agreements with Brazilian operators, and a cost-sharing relationship for logistics infrastructure. The company is progressing on vertical integration initiatives, including development of Latin America's first dedicated solar glass manufacturing facility and research collaborations with UC Davis and NREL. Brazil's increase in solar module import duties to 25% supports the company's domestic solar industry strategy.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has discovered high-purity quartz (HPQ) silica sand in multiple locations across its 100% owned tenements in the Belmonte Silica Sand District, Brazil. The exploratory auger drilling program revealed an average of 99.23% SiO2 content, with the best result reaching 99.80% SiO2. The company projects an exploration target of over 200 million tonnes within the 7,930-hectare concessions. The drilling program, conducted in September 2024, included 15 holes across 4 claim areas, though heavy rainfall affected recovery and depth in several locations.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding Letter of Intent with Veracel Celulose S.A. to explore logistics collaboration opportunities for silica sand transportation. The partnership will utilize Veracel's existing road and maritime infrastructure, including the Maritime Terminal of Belmonte. Veracel will support Homerun with transportation partnerships, grant terminal exclusivity for silica sand operations, and cooperate on social initiatives. Homerun will contribute to road maintenance, implement necessary terminal modifications, and develop aligned social actions. This agreement is part of Homerun's Phase 2 Business Plan Roadmap and aligns with its 40-year lease agreement with Companhia Baiana de Pesquisa Mineral.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding Memorandum of Understanding (MOU) with Norsul for maritime transport of high purity silica sands from the Belmonte Silica District. The agreement focuses on implementing immediate and future transport opportunities between the ports of Ilhéus and Vitória. Norsul will serve as Homerun's strategic partner in evaluating and developing maritime logistics solutions, supporting planning, coordination, and operational efficiency. This MOU is part of Phase 2 of Homerun's Business Plan Roadmap and complements their existing 40-year lease agreement with Companhia Baiana de Pesquisa Mineral (CBPM).
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has signed a non-binding Memorandum of Understanding (MOU) with a local partner in the Belmonte Silica District. The agreement outlines two operational modalities: 1) Partner providing extraction and processing services for Homerun's silica sand for a per-tonne fee, and 2) Product sales arrangement where the partner processes sand from either party and sells it to Homerun or directly to end customers with compensation to Homerun. The partner owns a silica sand processing facility with dry processing capabilities and can quickly invest in upgrades. This MOU is part of Phase 2 of Homerun's Business Plan Roadmap and aligns with their 40-year lease agreement with CBPM.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has entered into a marketing agreement with Interactive Offers, effective November 1, 2024. Interactive Offers, a full-service financial advertising platform, will provide marketing services to increase public awareness of Homerun and its products, services, and securities. The agreement includes a USD$150,000 budget for marketing and awareness campaigns. Interactive Offers will utilize first-party data and proprietary technology to connect with investors through partnerships with financial publishers and media sources. The agreement has an indefinite term based on budget expenditure, with a 30-day mutual termination notice option.
Homerun Resources (TSXV: HMR) (OTCQB: HMRFF) has upsized and closed its non-brokered private placement, raising $2,177,570 through the issuance of 1,675,054 units. Each unit includes one common share and one warrant exercisable at $2.00 for 24 months. The company will pay $38,834 in finder's fees and issue 29,872 Broker Warrants. Proceeds will be allocated to: CBPM Lease Payment ($270,000), Guidoni Purchase Payment ($135,000), Research and Development ($243,000), and Operations & Business Development ($1,733,736).
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced an upsizing of its previously announced private placement financing. The company has increased the offering from 769,231 units for $1,000,000 to 1,659,977 units for $2,157,970. Each unit, priced at $1.30, consists of one common share and one warrant exercisable at $2.00 for 24 months. The warrants are subject to acceleration if the company's shares trade at or above $3.00 for 10 consecutive trading days.
Proceeds will be used for general working capital and development of the company's HPQ silica projects. CEO Brian Leeners expressed delight with the support from shareholders. The financing includes participation from company insiders, constituting a related party transaction under MI 61-101, with the company relying on exemptions from valuation and minority shareholder approval requirements.