Mr. Brian Leeners reports

HOMERUN RESOURCES INC. ANNOUNCES FIVE-FOLD INCREASE IN SOLAR GLASS OFFTAKE WITH SENGI SOLAR FROM 20,000 TO 100,000 TONNES PER YEAR PRICED AT USD 750 PER TONNE

Homerun Resources Inc. has signed an amendment to its non-binding offtake agreement with Sengi Solar Importacao e Exportacao Industria e Comercio signed on Feb. 4, 2025 (see press release dated Feb. 10, 2025).

The amendment has the sole purpose of increasing the minimum quantities per year, originally set as a minimum of 20,000 tonnes of solar glass per year, and increased to a minimum of 100,000 tonnes per year. The price per tonne for the solar glass remains at $750 (U.S.), free on board, at the plant in Belmonte, Bahia, Brazil.

This amendment reflects recent developments in the Brazilian solar panel market, including rising tariffs on imports and the reduction of tariff exemptions for imported equipment, and positive long-term perspectives for clean energy demand in Brazil, particularly due to the country's increasing attractiveness for the installation of data centres supporting artificial intelligence processing.

"Homerun has completed a number of key deliverables since the signing of the original offtake agreement, which reassures partners like Sengi, regarding the importance and viability of our project. Signing this amendment reflects increasing demand for domestic solar production in Brazil and offtake partner confidence that our solar glass manufacturing plant is headed to success," stated Armando Farhate, chief operating officer of Homerun.

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.