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HOMERUN RESOURCES INC. ANNOUNCES CEO UPDATE TO SHAREHOLDERS
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Vancouver, B.C.: Homerun Resources Inc. (“Homerun” or the “Company”) (TSXV: HMR) (OTCQB: HMRFF) is pleased to announce the following update from the CEO, Brian Leeners, on the Company's ongoing business developments.
Dear Shareholders,
We are pleased to announce the successful conclusion of our Phase 2 Logistics Plan, which was initiated in January 2024. We want to highlight several crucial developments.
Under our Phase 1 Resource Plan, we have secured a significant supply of HPQ Silica in Belmonte, Bahia, Brazil through various means, including direct ownership, leasing, and supply agreements. Over the last six months, the Company has been advancing through the steps to produce our first 43-101 compliant maiden resource estimate as a deliverable under our partnership with Companhia Baiana de Pesquisa Mineral (CBPM), within the scope of the 40-year lease agreement between the Government of the State of Bahia (CBPM) and Homerun.
Furthermore, we have fully established and executed our immediate objective to facilitate bulk sales and internal supply within our own energy transition verticals through logistics partnerships for extraction, processing, and transport. Future developments in logistics will be entirely focused on improving the economics of our silica sand supply chain through the scaling of extraction and basic processing (through the capital expenditure of our partner) and through optimization of available port facilities.
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About Homerun Resources (https://homerunresources.com/) 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 Inc. is poised to make a lasting impact in these industries. On behalf of the Board of Directors of Homerun Resources Inc. "Brian Leeners" Brian Leeners, CEO & Director brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
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FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements”. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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