Homerun Resources Inc. Signs Memorandum of Understanding for Land Donation and Supply of Infrastructure & Services for the Development of the Company's Industrial Projects in Bahia, Brazil
HMR.V
Published on 05/13/2025 at 08:02
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has signed a Memorandum of Understanding (MoU) with CBPM (Companhia Baiana de Pesquisa Mineral), BahiaGás (Companhia de Gás da Bahia), SECTI (Secretaria de Ciência, Tecnologia e Inovação) and the Municipality of Belmonte, aiming to immediately:
This MoU has been developed to support the installation of Homerun's initial 120,000 ton per year Silica Processing facility and the 365,000 ton per year Solar Glass manufacturing facility in the Municipality of Belmonte, Bahia, Brazil, ensuring the establishment of the entire value chain, from mineral extraction to high value-added final products, in Belmonte, maximizing the socioeconomic and environmental benefits for the State of Bahia. Many initiatives detailed within this MOU have already made considerable progress to date, and we are thrilled with the overwhelming support from all the Parties.
Brian Leeners, CEO of Homerun, stated, "We want to thank all our partners at every level from the Municipality of Belmonte to the State Government of Bahia. The Team at Homerun has achieved another major milestone to the benefit of our stakeholders and the people of Bahia. First our unique resource and now the land, infrastructure, and services to take that resource to the production of solar glass and other in-demand HPQ materials. We look forward to the day when the facilities on this land are providing best-in-class solutions into both the domestic and global marketplace. I want to personally thank Antonio Vitor, our Country Manager, for the huge amount of time and energy that has gone into nurturing this transformative partnership."
HIGHLIGHTS OF THIS MOU INCLUDE:
DETAILED DUTIES OF THE PARTIES:
Municipality of Belmonte
Bahiagás (Bahia Gas Company)
SECTI (Secretariat of Science, Technology and Innovation)
CBPM (Companhia Baiana de Pesquisa Mineral)
Homerun
The term of validity of this MOU will be 36 (thirty-six) months and may be extended by consensus of the Parties to the MOU.
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:
Advanced Materials
Energy Solutions
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 ofHomerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & [email protected] / +1 604-862-4184 (WhatsApp) Tyler Muir, Investor [email protected] / +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".
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