18:22:08 EST Fri 19 Dec 2025
Enter Symbol
or Name
USA
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Homerun Resources Inc
Symbol HMR
Shares Issued 64,081,179
Close 2025-12-18 C$ 1.08
Market Cap C$ 69,207,673
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Homerun Energy recognized as innovator in Europe

2025-12-18 20:44 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. 100% OWNED SUBSIDIARY HOMERUN ENERGY SRL RECOGNIZED AS KEY INNOVATOR BY EUROPEAN COMMISSION'S INNOVATION RADAR

Homerun Energy SRL, a 100-per-cent-owned subsidiary of Homerun Resources Inc., has been officially recognized as a key innovator by the European Commission's Innovation Radar for its contribution to a high-impact innovation developed within the E.T.Compact project, funded under the Horizon Europe program.

The innovation, titled NIR-Optimized Flexible CIGS Modules for Propellant Less Solar Propulsion System, has been analyzed by the Innovation Radar and assessed as:

  • Market maturity: business ready;
  • Market creation potential: high.

These results highlight the innovation's strong commercial readiness and its potential to open new markets, particularly in energy applications.

Homerun Energy played a central role in the development of this technology and has been identified by the European Commission as a key innovator, recognizing the company's technical leadership and contribution to transforming cutting-edge research into market-ready solutions.

"This recognition by the European Commission's Innovation Radar is an important milestone for Homerun Energy," said Luca Sorbello, chief executive officer of Homerun Energy. "It confirms not only the technological maturity of the perovskite photovoltaic solutions developed within E.T. Compact, but also its strong potential to reach the market and create real impact. We are proud to contribute to a European project that advances innovation in sustainable energies."

The Innovation Radar is a European Commission initiative designed to identify high-potential innovations and innovators emerging from European Union-funded research projects, helping bridge the gap between research, industry and market deployment. Through its participation in E.T. Compact, Homerun Energy continues to strengthen its position as an innovative company at the forefront of advanced energy contributing to Europe's strategic autonomy and technological leadership.

Homerun closes $3-million private placement financing with TSX Venture Exchange approval

Further to Homerun's July 24, 2025, Sept. 22, 2025, Oct. 6, 2025, and Dec. 12, 2025, news releases, the company has received final approval from the TSX Venture Exchange, and has closed a $1-per-unit private placement financing for total aggregate gross proceeds of $3,128,384.

The company has issued a total of 3,128,384 units, each unit consisting of one common share of the company and one common share purchase warrant, the warrants being exercisable for an additional common share of the company at an exercise price of $1.30 for 24 months. The warrants will be subject to the right of the company to accelerate the exercise period of the warrants if shares of the company close at or above $2 for a period of 10 consecutive trading days.

Proceeds from the financing will be used for project payments, continuing development of the company's projects and general working capital. In connection with the financing and on receipt of exchange approval, the company will pay cash finders' fees of $31,150 and issue 31,150 non-transferable broker warrants. All securities issued pursuant to the financing are subject to a four-month-and-one-day hold period.

About Homerun Resources Inc.

Homerun 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: artificial-intelligence-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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