HOMERUN RESOURCES INC. AGM AND STOCK OPTIONS

Homerun Resources Inc. successfully completed its annual general meeting on April 29, 2026, in Vancouver, with shareholders providing unanimous approval for all management proposals. The meeting addressed standard corporate governance matters including director elections and auditor reappointment, while also securing approval for significant amendments to the company's stock option plan.

The most notable development was the expansion of the company's equity compensation program, with shareholders approving an increase in the number of common shares reserved for issuance under the 20% stock option plan to 15,211,324 options. Following this approval, management granted 4,250,000 stock options to directors, officers, and consultants at an exercise price of $1.00 per share, with a five-year expiry term subject to TSX Venture Exchange approval. Concurrently, 1,650,000 existing options were terminated or placed on expiry notice.

Homerun Resources positions itself as a vertically integrated clean energy company focused on silica-based technologies across four business verticals: silica processing, solar glass manufacturing, energy storage systems, and AI-enabled energy solutions. The company's strategy centers on leveraging its high-purity, low-iron silica resource in Bahia, Brazil, to serve the energy transition market through premium solar glass production and advanced energy materials.

The expanded stock option plan reflects management's intention to align employee and consultant interests with shareholder value creation as the company advances its clean energy manufacturing platform. With the company developing Latin America's first dedicated solar glass plant and advancing thermal storage technologies, the enhanced equity compensation structure provides a foundation for talent retention and motivation during a critical growth phase in the renewable energy sector.