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Homerun Resources’ global reach and where it's headed

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stockhouse.com

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Thu, Dec 7, 2023 06:03 PM

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... focused on silica and is working in the Bahia, Brazil area with great interest. Homerun Resource

... focused on silica and is working in the Bahia, Brazil area with great interest. Homerun Resources continues to focus its efforts on accessing massive amounts of high purity quartz to ensure a stable supply chain while meeting the increasing demands put on the global marketplace. [Open in your browser]( [Stockhouse.com]( [Investor Alert] [Homerun Resources’ global reach and where it's headed ] Homerun Resources’ global reach and where it's headed --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( Resources’ global reach and where it's headed ) [LinkedIn]( [Email](mailto:?subject=Homerun Resources’ global reach and where it's headed &body= The Capital Compass | CEO Interview Our next company is focused on silica and is working in the Bahia, Brazil area with great interest. [Homerun Resources (TSXV: HMR)]( continues to focus its efforts on accessing massive amounts of high purity quartz to ensure a stable supply chain while meeting the increasing demands put on the global marketplace. Here to talk about the company, Homerun Resources, is the C-E-O himself, Brian Leeners. [SEE COMPANY PROFILE]( [click to view | Capital Compass - Homerun Resources With CEO - Brian Leeners]( Click to view TMH | Can you inform our viewers on the steps that lead you to your current position as C-E-O at Homerun Resources? Leeners | Nobody else wanted the job. No, I'm kidding. My background, I go back almost 30 years in the public markets. We do private to public, so I started in the mid nineties to late nineties. We've been in the material space most of that time. I think the first copper deal that we got involved with was in the late nineties, so we know the materials fairly well. There was a bit of a vacuum in the material space for a period of time in the teens, but we stepped back in the latter teens and obviously we've now moved into the silica space because the energy transition is the focus and that's what we're focused on with our Silica project. TMH | As for the company, can you provide an overview of Homerun"s strategy and what is the current focus before we enter the new year? Leeners | The strategy long-term is to build the company out as a materials company integrated into the verticals that are available to us. We see those as the energy transition verticals. It's easier to be a disruptor where there's no one to disrupt. From that perspective, that is long term and obviously increasing cashflow in that process. In the short term, we've had a pretty good 2023. It's coming to a close. We have a significant signature ceremony that will occur in Salvador Bahia, Brazil in December and that's a culmination of many, many months of negotiation and effort relative to both ourselves and our partner, which is CBPM, the publicly controlled resource company in Bahia. TMH | Last month the company entered into a binding letter agreement for the conditional purchase of the Belmont Silica Concession in Belmonte which is in Brazil. Can you firstly summarize what makes this area so important and are there any updates around this that you would like to share? Leeners | The natural formation of the deposit makes it exceptionally easy to access. We have a bowl of silica sands sitting on surface, so thank you Mother Nature. The silica in that bowl is incredibly high grade in its raw form. Our initial processing facility will be quite thin on CapEx and quite strong on throughput, which is good for us. There's significant appetite within the marketplace for that type of product, with that type of grade. Then what we'll do is, we'll slowly add to our ability to upgrade that product, so that we can get it into the four nine and five nine space, which as I've stated a few times in public, is the top of the pyramid. There's one player up there and we want to compete with that player and that's where you take a product that costs several hundred dollars to move through processing and you sell it in the plus $1,000 category. [INVESTOR UPDATES]( TMH | Also, just wanting to revisit the approval the company received over a month ago for the multi-party shares resource, or the C-R-A-D-A with the U-S Department of Energy"s National Renewable Energy Laboratory. Is there any new information you can provide our viewers with at this time? Leeners | Again, another long build on a relationship that is going to be instrumental to our value proposition going forward. The development of that system, which is an energy storage system using silica and thermal energy. They take electricity converted to thermal, which is stored in the silica and then revert that back to the grid as electricity. A relatively elegant and simple system but we recognize the opportunity in there to process silica because of the temperatures that are achieved and so we'll go through a testing process with NREL under that arrangement. For the next 3, 6, 9 months, there'll be a sequence of phases of research and development and those partners are really good at what they do. NREL is the research center for the US Department of Energy. TMH | And before we let you go BRIAN, is there anything investors can anticipate for 20-24? Leeners | We mandate that we'll continue, hopefully the same pace of play and the execution on the deliverables that we've clearly stated to our stakeholders. I see that happening continuously through 2024. 2024 Unlike 2023, will be a focus on revenue. TMH | Revenue IS always important for the companies, right? Leeners | I think they multiply us off that. If we want the value to go up, we've got to have some positive cash flow. So that'll be our focus in 2024. The nice thing is we've got a really good business model to achieve that. You can follow the company on the [TSX Venture Exchange]( under the symbol [V.HMR]( or head to its website [homerunresources.com]( for more information. Join the discussion: Find out what everybody's saying about this stock on the [Homerun Resources Inc. Bullboard]( investor discussion forum, and check out the rest of [Stockhouse's stock forums and message boards](. [VIEW COMPANY WEBSITE]( The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click [here](. The Information in a Stockhouse Publishing Ltd. Stockhouse Alert is a paid advertisement and is for the viewers information only. The corporate information is purely and solely the responsibility of Homerun Resources Inc. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so at their own risk and in consultation with their registered securities advisers. --------------------------------------------------------------- [stockhouse]( Stockhouse Publishing Ltd. 1130 – 1055 West Hastings Street | Vancouver | BC | V6E 2E9 | CA [Unsubscribe]( | [Manage Preferences]( [Facebook]( [Twitter]( [LinkedIn]( This email was sent to you by Stockhouse Publishing Ltd. because you consented to receive messages from us. You may manage your subscription preferences at any time. You may contact our email compliance officer at compliance@stockhouse.com

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