The TSX Venture Exchange has accepted for filing an agreement dated Dec. 22, 2025, between Homerun Resources Inc. and arm's-length party. Pursuant to the terms of the agreement, the company may acquire 582-hectare Fazenda Conjunto Sao Jose a Nova Esperanca, located in the municipality of Belmonte, Bahia, Brazil, in the district of Santa Maria Eterna.

By way of consideration, the company will pay staged cash payment of $500,000 (U.S.) in five equal and successive monthly instalments, the first instalment being due on June 25, 2026, and issue 864,055 in common shares, valuing $600,000 (U.S.).

Additionally, the agreement also transfers the standard Brazilian mineral lease/royalty rights for mineral exploration with third parties from resources within land/surface rights areas.

For further details, please refer to the company's news release Feb. 2, 2026.