Mr. Brian Leeners reports

HOMERUN RESOURCES INC.: LOI WITH SI&MEX FOR UP TO 365,000 TONNES OF SOLAR GLASS PER YEAR

Homerun Resources Inc. has executed a letter of intent (LOI) between Homerun and Si&Mex Solutions do Brasil Ltda.

The primary focus of the partnership between Homerun and Si&Mex is for Homerun to provide Si&Mex with up to 365,000 tonnes per year of solar glass supply, under agreed specifications and commercial terms.

The parties will jointly develop plans for a high-purity solar crucible manufacturing plant for ingot and wafer manufacturing in the silica to solar supply chain.

Si&Mex plans to produce up to five gigawatts in annual production (approximately 10 million to 12 million solar modules, including bifacial glass-on-glass) in Camacari, Bahia, Brazil, starting in 2024.

With 113,147 megawatts of solar capacity in the preconstruction phase, Brazil ranks second to China (241,744 MW) in solar preconstruction globally.

Brian Leeners, chief executive officer of Homerun, stated: "The Homerun strategy, as articulated over the past year, has been to utilize our own high-purity silica sand resources in an integrated plan focused on the energy transition verticals of solar and energy storage. We are very excited to be working in partnership with the team at Si&Mex Solutions toward the delivery of a vertically complete silica to solar industry in Brazil."

Murilo Inacio Ferreira, director and legal representant of Si&Mex, stated: "The Brasil Fotovoltaico project will target the production of the cleanest solar module using our ESG-based technology and governance towards the highest sustainable process, via Silicon 5.0 Si&Mex. With more than 6,000 direct and indirect jobs generated, the project will impact positively both the local and national landscape and generally solar manufacturing in the Americas."

It is the mutual intention for both companies to explore opportunities in two main partnership pathways:

1. Technical collaboration and the commercial supply of glass from Homerun to the Si&Mex solar manufacturing facility in Camacari, Bahia, Brazil;
2. Investigate further synergies between the companies and create a detailed partnership operating plan with specific initiatives, timelines and bilateral compensation.

Specifically, Homerun and Si&Mex agree to collaborate on the following:

• Negotiate and sign a long-term supply purchase agreement for up to 365,000 tonnes of solar glass under agreed specifications and commercial conditions;
• Develop plans for a high-purity solar crucible manufacturing plant for ingot and wafer manufacturing in the silica to solar supply chain;
• Develop a mutual carbon dioxide footprint and plant designs and processes based on high levels of sustainability, that will support the parties' joint initiative to produce the greenest solar module in the world on the Si&Mex manufacturing site;
• Facilitate access to the parties' operations to establish manufacturing integration leverage.

Further partnership opportunities include:

• Joint patents and intellectual property in high-purity silica crucible manufacturing;
• Innovative solar module and solar glass manufacturing techniques;
• Optimization and development of new technology routes for glass applications in the solar supply chain;
• Co-operative exploration of overseas opportunities.

About Homerun Resources Inc.

Homerun Resources is focused on the development of its business within the critical and energy materials sectors. With a steadfast commitment to operational excellence, sustainability and building shareholder value, Homerun Resources is poised to make a lasting impact in these industries.

We seek Safe Harbor.