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Homerun Resources Inc. Announces Receipt of a Competitive Budgetary Offer for Latin America's First Dedicated Solar Glass Manufacturing Facility

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Homerun Resources Inc. (OTCQB: HMRFF) has received a second competitive budgetary offer from GS Engineering GmbH to construct Latin America's first dedicated solar glass manufacturing facility in Belmonte, Bahia, Brazil. The GS project budget is estimated at �150 million for the solar glass manufacturing technology.

The facility will have a production capacity of 1,000 tonnes per day of low-iron solar glass, ideal for high-efficiency PV modules. The company has secured land donation and infrastructure support through an MoU with the Municipality of Belmonte and is currently evaluating offers from both GS Engineering and HORN Glass Industries AG.

Homerun is progressing with its development timeline, having completed pre-feasibility data capture and is now selecting engineering firms for the Bankable Feasibility Study (BFS).

Homerun Resources Inc. (OTCQB: HMRFF) ha ricevuto una seconda offerta competitiva di budget da parte di GS Engineering GmbH per la costruzione del primo impianto dedicato alla produzione di vetro solare in America Latina, situato a Belmonte, Bahia, Brasile. Il budget stimato per il progetto GS è di 150 milioni di euro per la tecnologia di produzione del vetro solare.

La struttura avrà una capacità produttiva di 1.000 tonnellate al giorno di vetro solare a basso contenuto di ferro, ideale per moduli fotovoltaici ad alta efficienza. L’azienda ha ottenuto la donazione del terreno e il supporto infrastrutturale tramite un protocollo d’intesa con il Comune di Belmonte ed è attualmente in fase di valutazione delle offerte sia di GS Engineering che di HORN Glass Industries AG.

Homerun sta avanzando secondo il proprio cronoprogramma di sviluppo, avendo completato la raccolta dei dati di prefattibilità e selezionando ora le società di ingegneria per lo Studio di Fattibilità Bancabile (BFS).

Homerun Resources Inc. (OTCQB: HMRFF) ha recibido una segunda oferta presupuestaria competitiva de GS Engineering GmbH para construir la primera planta dedicada a la fabricación de vidrio solar en América Latina, ubicada en Belmonte, Bahia, Brasil. El presupuesto estimado del proyecto GS es de 150 millones de euros para la tecnología de fabricación de vidrio solar.

La planta tendrá una capacidad de producción de 1,000 toneladas por día de vidrio solar bajo en hierro, ideal para módulos fotovoltaicos de alta eficiencia. La empresa ha asegurado la donación de terreno y el apoyo de infraestructura mediante un Memorando de Entendimiento con el Municipio de Belmonte y actualmente está evaluando ofertas tanto de GS Engineering como de HORN Glass Industries AG.

Homerun avanza conforme a su cronograma de desarrollo, habiendo completado la captura de datos de prefactibilidad y ahora seleccionando empresas de ingeniería para el Estudio de Factibilidad Bancable (BFS).

Homerun Resources Inc. (OTCQB: HMRFF)� 라틴 아메리카 최초� 전용 태양� 유리 제조 시설� 브라� 바히아주 벨몬테에 건설하기 위해 GS Engineering GmbH로부� � 번째 경쟁 예산 제안� 받았습니�. GS 프로젝트 예산은 태양� 유리 제조 기술� 대� 1� 5천만 유로� 추산됩니�.

� 시설은 고효� 태양� 모듈� 적합� 저철분 태양� 유리� 하루 1,000� 생산� � 있는 능력� 갖추� 됩니�. 회사� 벨몬� 시와� 양해각서(MoU)� 통해 토지 기부와 인프� 지원을 확보했으�, 현재 GS Engineering� HORN Glass Industries AG� 제안� 평가 중입니다.

Homerun은 사전 타당성 데이� 수집� 완료하고 현재 은� 승인 가� 타당성 조사(BFS)� 위한 엔지니어� 업체 선정� 진행하는 � 개발 일정� 따라 순조롭게 진행 중입니다.

Homerun Resources Inc. (OTCQB : HMRFF) a reçu une seconde offre budgétaire concurrentielle de la part de GS Engineering GmbH pour construire la première usine dédiée à la fabrication de verre solaire en Amérique latine, située à Belmonte, Bahia, Brésil. Le budget du projet GS est estimé à 150 millions d’euros pour la technologie de fabrication du verre solaire.

L’usine aura une capacité de production de 1 000 tonnes par jour de verre solaire faiblement ferreux, idéal pour les modules photovoltaïques à haute efficacité. L’entreprise a obtenu la donation du terrain et le soutien des infrastructures via un protocole d’accord avec la municipalité de Belmonte et évalue actuellement les offres de GS Engineering et de HORN Glass Industries AG.

Homerun progresse selon son calendrier de développement, ayant achevé la collecte des données de préfaisabilité et sélectionne désormais des bureaux d’ingénierie pour l’étude de faisabilité bancaire (BFS).

Homerun Resources Inc. (OTCQB: HMRFF) hat ein zweites wettbewerbsfähiges Budgetangebot von GS Engineering GmbH erhalten, um die erste dedizierte Solarglas-Fertigungsanlage Lateinamerikas in Belmonte, Bahia, Brasilien, zu errichten. Das Projektbudget von GS wird auf 150 Millionen Euro für die Solarglasproduktionstechnologie geschätzt.

Die Anlage wird eine Produktionskapazität von 1.000 Tonnen pro Tag niedrig eisenhaltigem Solarglas haben, das ideal für hocheffiziente PV-Module ist. Das Unternehmen hat durch ein Memorandum of Understanding mit der Gemeinde Belmonte Landspenden und Infrastrukturunterstützung gesichert und bewertet derzeit Angebote von GS Engineering und HORN Glass Industries AG.

Homerun macht Fortschritte im Entwicklungszeitplan, hat die Erfassung der Vorstudien-Daten abgeschlossen und wählt nun Ingenieurbüros für die bankfähige Machbarkeitsstudie (BFS) aus.

Positive
  • None.
Negative
  • Substantial capital investment required of �150 million for manufacturing technology alone
  • Additional costs pending for industrial construction, utilities and electrical supply
  • Final technology provider selection still pending between two vendors

Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce the receipt of a second budgetary offer to build Latin America's first dedicated solar glass manufacturing facility with a production capacity of 1,000 tonnes per day of low-iron solar glass. The Company has received a comprehensive offer from GS Engineering GmbH ("GS"), a consortium between Grenzebach – a market leader for glass annealing lehr equipment and cutting lines (cold ends) and Sorg – a leading provider of glass melting technology, two family owned and Germany-based leaders in glass manufacturing technology.

The GS project budget is estimated at approximately EURO 150 million for the solar glass manufacturing technology. As detailed previously, in addition to this amount, there will be an industrial construction, utilities and electrical supply budget for the solar glass manufacturing facility located on the government granted land next to the Company's silica resources in Belmonte, Bahia, Brazil. The output of the manufacturing facility will be the production of ultra-clear solar glass with very low iron content, ideal for high-efficiency and high-quality solar glass for PV modules, based on rolled glass technology.

The Company has recently signed a Memorandum of Understanding (MoU) with the Municipality of Belmonte, in the State of Bahia, Brazil, and other key public entities, for the donation of land and full infrastructure, for the installation of the industrial facilities for the solar glass manufacturing plant (see press releases and ).

This is a competitive offer to the budgetary offer received from HORN Glass Industries AG, a leading global supplier of state-of-the-art glass production plants (see press release ). The company has sustained detailed technical and commercial discussions with both contenders, in order to refine and compare the two offers and is now focused on the decision making process of selection between these two very experienced firms.

The Company is on schedule with its plans, having completed the pre-feasibility data capture and is now in the process of selecting a short-list of engineering firms to bid for the Bankable Feasibility Study ("BFS").

"Moving from the idea origination, through planning and development and toward construction has been a fast-track process for our internal team and our external consultants. We congratulate these professionals on achieving these deliverables within our expedited timelines. Seeing our design layouts rendered over land use plots is exciting and we now enter the final stage of development with a massive internally developed pre-feasibility data set to reduce the timelines to a completed BFS," said Brian Leeners, CEO of Homerun.

About GS Engineering GmbH

GS Engineering () offers a wide range of consultancy, engineering and project management services to glass manufacturers. By uniting the hot end and cold end in a holistic approach, GSE can guide customers throughout the entire journey with a one-stop solution and access to the latest technological developments for state-of-the-art glass making. As a joint venture of the companies Grenzebach () and Sorg () the company GS Engineering is offering complete solutions especially for solar and float glass projects.

About Homerun ()

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:

Homerun Advanced Materials

  • Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.

Homerun Energy Solutions

  • Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

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 of
Homerun Resources Inc.

"Brian Leeners"

Brian Leeners, CEO & Director
[email protected] / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
[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".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit

FAQ

What is the production capacity of Homerun Resources' planned solar glass facility in Brazil?

The facility will have a production capacity of 1,000 tonnes per day of low-iron solar glass, designed for high-efficiency PV modules.

How much is the budgetary offer for HMRFF's solar glass manufacturing technology?

GS Engineering GmbH's budgetary offer is approximately �150 million for the solar glass manufacturing technology, with additional costs for construction and utilities.

Where will Homerun Resources' solar glass manufacturing facility be located?

The facility will be located in Belmonte, Bahia, Brazil, on government-granted land next to the company's silica resources.

What is the current development status of HMRFF's solar glass facility project?

The company has completed pre-feasibility data capture and is currently selecting engineering firms for the Bankable Feasibility Study (BFS).

Who are the competing technology providers for Homerun Resources' solar glass facility?

The two competing providers are GS Engineering GmbH (a consortium of Grenzebach and Sorg) and HORN Glass Industries AG.
Homerun Resources Inc

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