HOMERUN RESOURCES INC. ANNOUNCES STATUS OF THE BANKABLE FEASIBILITY STUDY FOR THE COMPANY’S ANTIMONY-FREE SOLAR GLASS MANUFACTURING PLANT IN BAHIA, BRAZIL

Homerun Resources Inc. has provided a significant update on its bankable feasibility study (BFS) for an antimony-free solar glass manufacturing plant in Bahia, Brazil. The study, conducted by German engineering firm DTEC PMP GmbH, is approaching completion with final presentation scheduled for the week of April 20th in São Paulo, followed by handover within days. According to DTEC, preliminary findings show very positive trends for project realization based on current insights.

The solar glass manufacturing facility will process high-purity, low-iron silica from Homerun's Santa Maria Eterna Silica Sand Resources in Belmonte, Bahia. The plant is designed to produce 1,000 tonnes per day of solar glass, positioning it as Latin America's first dedicated facility of this scale and specification. The antimony-free formulation represents an advancement in photovoltaic glass technology, addressing environmental concerns while maintaining performance standards.

CEO Brian Leeners emphasized the accelerated timeline for BFS completion, noting that such comprehensive studies typically require significantly longer periods for projects of this scale and complexity. The rapid progress reflects strong underlying project parameters and effective collaboration between Homerun, glass technology partner SORG, and DTEC. Concurrent with the technical study, the company has been conducting ongoing meetings with prospective consortium financing participants, viewing funding as an iterative process that advances with each milestone.

The project represents a strategic vertical integration opportunity for Homerun, combining its silica resource base with downstream solar glass manufacturing capabilities. As global demand for solar installations accelerates energy transition efforts, dedicated regional solar glass production facilities become increasingly valuable for supply chain security and cost optimization. The completion of this BFS positions Homerun to advance into formal project financing discussions and potentially establish a significant manufacturing presence in the Latin American solar market.