Homerun Resources

Investor Insight

With one of the world’s highest-purity silica districts and a full-stack downstream strategy, Homerun Resources is building an integrated platform spanning raw materials, solar glass, energy storage and next-generation photovoltaics to capture value across the global clean-energy supply chain.

Overview

Homerun Resources (TSXV:HMR,OTC:HMRFF,FSE: 5ZE) is executing a three-phase strategic plan to become a leading global supplier and processor of high-purity silica, transforming it into high-value products for the renewable energy and advanced materials markets. Phase 1 secured the Belmonte Silica District and logistics pathway; Phase 2 is advancing construction of processing and solar glass facilities; Phase 3 will integrate downstream verticals which include energy storage, perovskite PV and AI-driven energy solutions.

The company’s competitive advantage begins with raw material quality. Its flagship silica sands rank among the purest globally, allowing direct use in solar glass manufacturing without costly beneficiation. Combined with supportive regional development initiatives, infrastructure access and proximity to export routes, this foundation supports low operating costs and accelerated development timelines.

Homerun is targeting markets where demand is rising, supply is constrained and domestic production is strategically favored. Brazil currently imports most solar glass and high-purity silica products, creating a strong opportunity for a local supplier with scale, purity and vertical integration.

Company Highlights

• District-Scale Resource Control: Long-term agreements with Companhia Baiana de Pesquisa Mineral secure the Santa Maria Eterna silica district in Belmonte, Bahia, Brazil.
• High-Purity Resource Base: 63.9 Mt measured + inferred grading >99.6 percent silicon dioxide (SiO₂) with ultra-low impurities suitable for direct solar-glass feed.
• Integrated Revenue Model: Multiple profit centers across HPQ silica, ultra-pure processing, solar glass manufacturing, advanced materials and energy technologies.
• Engineering Partnerships: Technical collaboration and budgetary design work from SORG Group and global specialists.
• Energy Storage Innovation: Thermal storage system development with the National Renewable Energy Laboratory.
• Next-Gen Solar Technology: Perovskite module development through subsidiary partnerships including Halocell.
• Near-Term Production Plan: Initial 120,000 tpa ultra-pure silica plant targeting >99.99 percent purity.

Key Projects

Santa Maria Eterna Silica District

The Santa Maria Eterna (SME) district is Homerun’s cornerstone asset and hosts a NI 43-101 mineral resource of 25.56 Mt measured and 38.35 Mt inferred grading above 99.6 percent SiO₂. The deposit’s chemistry allows direct furnace feed for solar glass and high-end industrial applications, eliminating costly purification required by lower-grade deposits.

Independent testwork has demonstrated the ability to upgrade material to >99.99 percent purity using advanced non-chemical processing techniques, confirming suitability for demanding high-technology markets such as solar modules, specialty glass and advanced ceramics.

Strategically located beside a major roadway within trucking distance of export infrastructure, SME benefits from favorable logistics, low royalty rates and strong district-scale expansion potential.

Highlights

• 63.9 Mt combined resource

• 99.6 percent SiO₂ purity

• Ultra-low impurities

• Direct solar-glass feed capability

• District expansion upside

HPQ Silica Processing Facility

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The planned HPQ processing plant represents Homerun’s first commercial development stage, designed to produce 120,000 tonnes per year of ultra-pure silica. Metallurgical testing confirms the ability to reach >99.99 percent purity levels required for solar, semiconductor, optical glass and specialty industrial applications.

Because the feedstock is already exceptionally pure, the facility is expected to operate with lower processing intensity than typical silica upgrading operations. The modular plant design also allows scalable expansion aligned with market demand.

This project establishes the foundation for Homerun’s downstream strategy, transforming raw silica into high-margin engineered materials rather than selling commodity sand.

Highlights

• Initial 120,000 tpa capacity

• 99.99 percent purity output

• Modular expansion capability

• Targets high-value specialty markets

• First step toward vertical integration

Solar Glass Manufacturing Facility

Homerun is advancing plans for Latin America’s first dedicated solar glass manufacturing plant located adjacent to its silica resource. The facility is designed to produce up to 365,000 tonnes annually, positioning the company to supply Brazil’s rapidly expanding solar industry.

The project is supported by signed offtake agreements and engineering collaboration with leading global furnace and glass-plant specialists. Domestic tariffs and incentives supporting local manufacturing further strengthen the economics of in-country production.

Brazil’s solar pipeline exceeds 100 GW of planned capacity, creating a large addressable market currently dependent on imports. Homerun’s strategy is to become a primary domestic supplier while retaining export optionality.

Highlights

• Planned 365,000 tpa capacity

• Offtake agreements including 100,000 tpa contract

• Engineering design underway

• Resource-adjacent location lowers costs

• Positioned to replace imports

Thermal Energy Storage System

Homerun has secured a global intellectual property agreement with NREL to commercialize the silica-based thermal energy storage system designed for long-duration renewable power storage. The system stores heat generated from renewable sources and releases it when needed, providing grid-scale flexibility.

Unlike conventional batteries, thermal storage systems can offer long operating life, scalability and potentially lower lifetime costs. A pilot project is under construction to validate commercial performance and operating economics.

An additional advantage is that the silica medium can be upgraded during operation, creating an ancillary revenue stream through sale of refined material.

Highlights

• Long-duration storage technology

• Grid-scale scalability

• 30-year lifespan target

• Dual-revenue model potential

• Pilot system underway

Homerun Energy Platform

Through its Homerun Energy subsidiary, the company is integrating advanced photovoltaic and digital energy technologies. Members of Homerun Resources’ scientific research team, through its subsidiary Homerun Energy SRL, have been key contributors to advancements in perovskite technology, including a recent peer-reviewed study in Nature Energy demonstrating scalable materials and interface approaches for large-area modules. The research showed 9.0 sq cm and 48 sq cm modules retained over 95 percent of their initial efficiency after more than 5,000 hours of 1-sun light soaking at maximum power point, highlighting both high performance and long-term operational stability.

The division also develops AI-driven energy management software designed to optimize generation, storage and consumption across distributed systems. This software layer introduces high-margin recurring revenue alongside hardware sales.

By combining materials production, component manufacturing and intelligent energy optimization, Homerun aims to create a fully integrated clean-energy ecosystem spanning the entire value chain.

Highlights

• Advanced perovskite PV technology

• 95 percent efficiency retention after testing

• AI energy optimization platform

• Recurring software revenue potential

• Integrated materials-to-systems model

Management Team

Brian Leeners – CEO and Director

Brian Leeners has over 30 years of experience in venture company management and is the founder of Nexvu Capital, where he raised more than US$125 million across materials and technology sectors. He is the architect of Homerun Resources’ vertically integrated strategy and leads corporate development and capital markets engagement.

Antonio Vitor – Country Manager, Brazil

Antonio Vitor is a mining executive with 10+ years of experience in project development and extensive government, banking, and industry connections in Brazil. He has held senior roles at Transpetro, PwC, and Shell, overseeing operations and strategic partnerships in the region.

Armando Farhate – COO

With 37 years of industry experience spanning Brazil, Canada, Namibia, and Botswana, Armando Farhate specializes in operations, engineering, and mineral resource development. He oversees Homerun’s processing, mining, and project construction activities.

Nancy Zhao – CFO

Nancy Zhao is a CPA with more than 9 years in public company finance, previously serving as CFO of First Hydrogen and Neo Battery Materials. She combines financial leadership with a background in chemical engineering and procurement for Sinopec.

Dr. Mauro Cesar Terence – CTO

Dr. Terence holds a PhD in nuclear technology and brings 25 years of academic R&D experience in polymers, nanomaterials, and graphene. Formerly a coordinator at the MackGraphe Research Center, he leads Homerun’s advanced materials and technology initiatives.

Tyler Muir – Investor Relations

Founder of TMM Capital Advisory, Tyler Muir has expertise in capital markets strategy, corporate communications, and investor engagement. He manages Homerun’s investor relations programs and market outreach.