HOMERUN RESOURCES INC. SIGNS COMMERCIAL LETTER OF INTENT WITH JUNDU LTDA. FOR THE SUPPLY, EXTRACTION AND PRIMARY PROCESSING OF HIGH‑PURITY SILICA SAND

Homerun Resources Inc. has executed a non-binding Letter of Intent with Jundu Ltda., marking a pivotal development in the Company's silica sand operations strategy. The agreement covers the extraction, processing, and sale of high-purity silica sands from the Santa Maria Eterna Silica Sand District located in Belmonte, Bahia, Brazil.

This commercial partnership represents a strategic move for Homerun Resources as it seeks to monetize its silica sand assets in Brazil's emerging industrial minerals sector. High-purity silica sand is increasingly in demand for applications including glass manufacturing, solar panel production, and semiconductor fabrication, positioning this agreement within a growing market segment.

The LOI with Jundu Ltda. provides Homerun with an experienced local partner for the technical aspects of extraction and primary processing operations. This arrangement allows the Company to leverage local expertise while maintaining exposure to the commercial upside of the high-purity silica sand market. The Santa Maria Eterna district's location in Bahia positions the operation advantageously for both domestic Brazilian consumption and potential export markets.

While the agreement remains non-binding at this stage, it represents significant progress toward establishing commercial production at the SME Silica Sand District. The partnership structure suggests a pathway to revenue generation without the full capital burden of developing extraction and processing capabilities independently, which could accelerate the project's timeline to cash flow generation.