Homerun Resources Inc. Announces Full Mining Permit and Finalization of the Definitive Lease Agreement With CBPM
MWN-AI** Summary
Homerun Resources Inc. (TSXV: HMR, OTCQB: HMRFF) announced a significant development on January 8, 2026, regarding its operations in Brazil's Bahia state. The Brazilian National Mining Agency (ANM) issued Mining Permit #743, effective November 7, 2025, for an area covered by a definitive lease agreement with Companhia Bahiana de Produção Mineral (CBPM). This milestone enables Homerun to move forward with the operationalization of its fully permitted mineral rights in the region, which includes high-purity silica sand essential for various advanced materials.
The finalization of the Definitive Lease Agreement (number 026/2025), signed on December 23, 2025, followed the issuance of the mining permit and involved a payment of R$ 1,000,000 to CBPM. Homerun had previously announced a 43-101 compliant technical report in April 2025, indicating substantial preliminary silica sand resources—25.56 million tonnes measured and 38.35 million tonnes inferred. This new permit solidifies Homerun's commitment to developing its resources in collaboration with CBPM, aligning with their long-term strategic plans.
Brian Leeners, CEO of Homerun, expressed optimism about the company's future, emphasizing the importance of this milestone in establishing operational readiness for high-purity silica sand sales and advanced purification processes. The company aims to support sectors like energy, particularly in manufacturing solar glass and other advanced materials. Homerun is positioned to lead in clean energy manufacturing across the Americas, focusing on silica and related technologies to drive the energy transition. This latest achievement enhances Homerun's growth potential in the rapidly evolving clean energy market.
MWN-AI** Analysis
Homerun Resources Inc. (TSXV: HMR) has recently achieved a significant milestone by securing a full mining permit and finalizing a definitive lease agreement with Companhia Bahiana de Produção Mineral (CBPM) in Bahia, Brazil. This development marks a crucial step in the company's strategic plan to establish a robust presence in the high-demand silica sand market. The issuance of Mining Permit #743, coupled with the completion of various agreements encompassing multiple mineral rights, positions Homerun favorably in the burgeoning clean energy sector, particularly for applications in solar glass manufacturing.
With a compliant resource estimate of approximately 25.56 million tonnes measured and 38.35 million tonnes inferred of high-purity silica sand, Homerun is set to capitalize on the increasing demand for high-quality silica, especially as the world transitions to renewable energy solutions. The CEO's emphasis on leveraging these resources aligns seamlessly with the industry's trajectory towards sustainable energy technologies.
Investors should note that Homerun's strategy includes not only the extraction of silica but also the advancement of related technologies such as silica-based thermal storage systems. This diversified approach not only mitigates risk but positions the company as a key player in the clean energy sector, potentially enhancing long-term shareholder value.
From a trading perspective, the news could provide upward momentum for HMR shares, particularly as market participants respond to the certainty brought by the mining permit. However, potential investors should remain cautious; the volatility often associated with mining stocks and the broader equity markets can impact share performance. It's advisable to monitor local and global shifts in energy policy and demand for silica products as they may directly influence Homerun's growth trajectory. Overall, for those seeking exposure to clean energy materials, Homerun presents an intriguing opportunity.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to inform that Brazil's National Mining Agency (ANM) has issued on November 7th, 2025, the Mining Permit # 743, for the area 870.011/1989, granted under the lease agreement with Companhia Bahiana de Produção Mineral (CBPM) in the municipality of Belmonte, Bahia, Brazil.
The issuing of the Mining Permit triggered the final payment and execution between Homerun and CBPM, of the Definitive Lease Agreement number 026/2025, dated December 23rd, 2025, confirming the execution of the agreement number 041/2023, signed in December 2023 (see press release), covering four mineral rights: 871.011/1989, 871.375/1989, 873.385/2007 and 870.141/2014. The final payment of R$ 1,000,000 has then been released to CBPM.
The announced mining permit pertains to the area in which Homerun announced a 43-101 compliant technical report on April, 29th 2025 containing a preliminary resource of 25.56 Mt Measured and 38.35Mt Inferred of high-purity silica sand (>99.6% SiO2). The MRE development initiative was part of Homerun's commitment under its partnership with Companhia Baiana de Pesquisa Mineral (CBPM), within the scope of the 40-year lease agreement between the Parties.
"Completion of this final definitive agreement gives Homerun three fully permitted leases in partnership with CBPM and the State of Bahia and aligns with our original stated plans to leverage Homerun into the direct control of significant resources in the SME Silica Sand District." stated Brian Leeners, CEO of Homerun. "This milestone positions Homerun with operational-ready, permitted assets to support high-purity silica sand sales and the development of advanced purification processing and the development of advanced materials like solar glass for the energy and technology sectors."
About Homerun (www.homerunresources.com / www.homerunenergy.com)
Homerun Resources Inc. (TSXV: HMR) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.
?Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
Solar: Development of Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
?Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.
With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.
On behalf of the Board of Directors of
Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +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 https://www.newsfilecorp.com/release/279801
FAQ**
How does the recent issuance of Mining Permit #743 by Brazil's National Mining Agency impact Homerun Resources Inc HMRFF’s operational strategy in the Silica Sand District of Bahia?
What measures is Homerun Resources Inc HMRFF taking to ensure ESG compliance while developing its silica-powered manufacturing platform in Brazil?
In what ways can the high-purity silica sand produced by Homerun Resources Inc HMRFF support advancements in renewable energy technologies, particularly solar glass?
How does the partnership with Companhia Bahiana de Produção Mineral enhance Homerun Resources Inc HMRFF's positioning in the competitive market of clean energy materials?
4. In what ways has the presence of companies like Envirotek Remediation Inc. AKAVF impacted Vancouver's economy and job market focusing on environmental remediation and sustainability sectors?
**MWN-AI FAQ is based on asking OpenAI questions about Homerun Resources Inc (OTC: HMRFF).
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