06:38:46 EST Tue 02 Dec 2025
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Homerun Resources Inc
Symbol HMR
Shares Issued 64,061,179
Close 2025-12-01 C$ 1.10
Market Cap C$ 70,467,297
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Homerun enters intellectual property deal with Alliance

2025-12-01 19:45 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. EXECUTES NREL ENDURING THERMAL ENERGY STORAGE GLOBAL INTELLECTUAL PROPERTY AGREEMENT INCLUDING NEW PATENT APPLICATION AND EMS INTEGRATION

Homerun Energy USA Inc., a newly formed 100-per-cent-owned subsidiary of Homerun Resources Inc., has signed an intellectual property agreement with Alliance for Sustainable Energy LLC, management and operating contractor of the U.S. Department of Energy's National Renewable Energy Laboratory.

Brian Leeners, chief executive officer of Homerun, stated: "This IPA is the culmination of a two-year partnership between Homerun and NREL, and is the realization of the synergy across the Homerun vertical strategy, where our unique silica sand facilitates particle-based energy storage and silica calcination purification integrated with the Homerun Energy EMS to complete and advance the potential commercial offerings. Having achieved this level of integration on the capital expended to date is a complement to the vision and creativity within our electrification strategy. Working with the team at NREL, led by Zhiwen Ma, has fast-tracked the development cycle to where we are today at the precipice of commercialization into a global electrification revolution demanding economic long-life, long-duration energy storage and industrial heating/cooling solutions."

Homerun entered a co-operative research and development agreement with NREL (CRD-23-24168) and subsequently formed a United States-based start-up company, Homerun Energy USA, that is securing the option for the licence to certain intellectual property belonging to Alliance, which was brought into the IPA and/or developed under the crada. Alliance is the owner of the Alliance intellectual property and is granting the option through the IPA for Homerun to advance the technologies toward commercial application. The option period runs for 12 months, subject to continuing negotiations during that period.

As a part of any licence, Alliance requires Homerun to use commercially reasonable efforts to bring Alliance intellectual property to market through a thorough, vigorous and diligent commercialization program. The NREL particle-based thermal energy storage system was originally developed using funding from ARPA-E, and the IP portfolio consists of many issued patents and patent applications filed in the U.S., Canada and Brazil.

Homerun also announces that a new patent application has been filed for the invention resulting under the co-operative research and development agreement (crada No. CRD-23-24168) between Homerun and Alliance. The invention relates to a thermal energy storage system integrated with silica sand purification processing.

Key relevant aspects of the innovation include:

  • A system comprising a sand thermal energy storage process and a silica purification process where silica sand is used as the thermal energy storage medium and as a final product of the silica purification process;
  • The storage charging/discharging devices are contained in a single system, and silica calcination and/or drying devices are contained within that system.

Sustainable impact:

  • Synergizes energy storage with silica purification and maximizes energy utilization;
  • Efficiency: recovers and reuses process heat for both internal plant operations and external industrial customers (pulp and paper, food, chemicals, metallurgical applications, and data centres);
  • Flexible revenue: the dual-purpose system opens multiple profit channels in power sales, industrial process heat contracts and processed silica materials supply.

Under the commercialization plan for the NREL energy storage system, Homerun Energy will integrate its advanced artificial intelligence energy management and control system. Homerun's technology is designed to operate across devices and brands to optimize energy capture, maximize storage efficiency and enable smarter, more sustainable energy use. By integrating AI into the Edge hub and into the cloud, Homerun empowers the end-user to better monitor, control and predict energy generation, usage and needs, enhancing performance while reducing costs and environmental impact and enabling advanced services such as energy trading.

About Homerun Resources Inc.

Homerun Energy USA (Reno, Nev.) is a 100-per-cent subsidiary of Homerun Resources.

Homerun Resources 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 environmental, social and governance practices, Homerun is focused on converting milestones into markets -- creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

We seek Safe Harbor.

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