
Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that Homerun Energy has launched its website and "The HUB" AI-powered platform for energy management.
A high-grade uranium explorer looking to grow its strategic footprint in southern Kazakhstan, C29 Metals is well-positioned to take advantage of a rapidly expanding uranium market and provide significant shareholder value.
C29 Metals (ASX:C29) is a Perth, Australia-based uranium mineral exploration company with assets in Kazakhstan. The company’s recently acquired flagship asset, the Ulytau uranium project, represents a “transformative acquisition” that places C29 Metals in a strategic position to leverage a rapidly growing global uranium market and Kazakhstan’s rich uranium resource and established mining infrastructure.
The Ulytau project is located near Lake Balkhash in South Kazakhstan and situated 15 km south of the Bota-Burum mine, one of the largest uranium deposits mined in the former Soviet Union.
Kazakhstan is considered a top mining country for the following reasons:
Kazakhstan’s strategic location in Central Asia also provides easy access to major markets in Europe, China and Russia, and the flagship Ulytau uranium project is located 3.5 hours from the country’s largest city of Almaty.
The local village of Aksuyek has a population of ~700 people and will support C29 Metals’ exploration efforts in the near-to-mid-term, providing a base of operations and support services.
The uranium market is expected to grow over the next 10 years, with the World Nuclear Association projecting a 28 percent increase in uranium demand from 2023 to 2030. As electricity demand potentially increases by about 50 percent by 2040, there is significant opportunity for increasing the global nuclear energy capacity, especially as the world continues to pursue its clean energy agenda and a low-carbon economy.
Figure 2 – Ulytau project location in relation to other Kazakhstan Uranium mines.
The Ulytau Project is located in the Almaty Region of Southern Kazakhstan, approximately 15 km southwest of the Bota-Burum mine, which is one of the largest uranium deposits mined in the former Soviet Union.
Exploration for uranium has been carried out in the area since 1953. Uranium production at the Bota-Burum mine, next to the village of Aksuyek, commenced in 1956 and continued until 1991. Total mined reserves of Bota-Burum are quoted at 20,000 tonnes of uranium (44 million pounds).
C29 Metals has lodged two (2) new license applications with the Ministry of Natural Resources. The licenses are designed to cover ~18 km of additional prospective strike.
The Southern application, the largest of the two (2) applications, was granted on the 1 August 2024 and is contiguous with the Ulytau license area and sits immediately to the South and East of the Ulytau Uranium project tenement boundaries. The Southern application area is ~213 km2. The Northen tenements licence was granted on September 3, 2024.
The Southern tenement is interpreted as having a similar mineralised trend to that of the existing Ulytau Project area (refer to ASX announcement “License Applications Lodged around Ulytau Uranium Project” dated 24 July 2024 and the further clarification on 25 July 2024).
The Northern tenements, meanwhile, sits to the north of the Ulytau uranium project tenement and immediately north of the historic Bota Burum uranium mine. The Northern licence application area is ~39 sq km.
C29 Metals is commencing exploration work at Ulytau, following receipt of a category 4 exploration approval on August 7, 2024, which will include geophysical, field mapping and soil sampling programs.
Figure 3 – The interpreted mineralised Uranium trend with the newly granted southern license and northern application
The company has held two community consultation days at the local community of Aksuyek, with a population of about 700 people, located roughly 20 km from the Ulytau project area. The community of Aksuyek have shown their strong support for the company’s planned exploration programs. Aksuyek will provide a base of operations for the work programs and can provide many of the required support services to the company.
A social support agreement was signed on July 9, 2024, with the district government providing the framework for the company to assist the village of Aksuyek with projects aligned to the social development of the community. This very important agreement demonstrates the commitment by both parties to work together to ensure mutually beneficial outcomes are sustainably delivered into the future.
Shannon Green is an experienced mining executive and company director with over 25 years of corporate, resource development and mining operations experience. With extensive experience working in Africa and Australia, Green has managed significant projects, from greenfields exploration through feasibility through construction, into operation. He has held senior leadership roles within Australia in uranium development, as well as iron ore and gold mining operations.
David Lees has over 20 years’ experience in the Australian financial services industry. He started as a stockbroker and subsequently moved into investment and funds management, providing him with extensive experience in capital markets with a diverse skill set covering investment management, business development and corporate governance. He holds a Bachelor of Economics from Murdoch University and a post graduate diploma in Applied Finance and Investment.
Jamie Myers has over 15 years in equities dealing and corporate advisory experience. He is experienced in leading transactions, including pre-IPOs, IPOs and secondary market equity raising across small and mid-cap companies. He is also the founder and managing director of boutique advisory firm Molo Capital.
Ailsa Osborne has more than 20 years of experience as a financial professional, including more than 15 years in the resource industry in Australia and internationally. Ms Osborne has held CFO and company secretary roles with a number of ASX-listed companies. She has held senior finance roles in several listed companies operating in Australia and internationally, including in South America, Indonesia and Africa.
Uranium exploration in top producing, mining-friendly jurisdiction of Kazakhstan
New Age Exploration (ASX: NAE) (NAE or the Company) is pleased to announce that Strike Drilling has mobilised to site with a Schramm T450 rig, and Reverse Circulation (RC) drilling has begun as of Sunday, 16 March 2025.
HIGHLIGHTS
The Wagyu Gold Project, located within a fast-emerging gold mineralised corridor, represents a highly prospective Gold opportunity ~9km within the same mineralised trend as De Grey Mining’s (ASX:DEG) Hemi Gold Deposit containing ~11.2 Moz1 (refer to Figure 1) in the Central Pilbara.
NAE Executive Director Joshua Wellisch commented:
"The commencement of RC drilling marks an important milestone in advancing the Wagyu Gold Project. The support of Strike Drilling, who has agreed to take 50% of their payment in equity, is a strong endorsement of the project’s potential. We are eager to test these high-priority targets and further define the extent of gold mineralisation.”
This 3,000m RC drill program is the next step in NAE’s systematic exploration strategy at Wagyu, following promising results from recent geophysical surveys (refer ASX Announcement 11 March 2025) and Phase 2 Air Core (AC) drilling, which confirmed multiple high-grade gold intercepts including 15.6g/t gold over 1m (refer ASX Announcement 17 February 2025). The program will test five high-priority gravity targets on the eastern side of the project area, with particular emphasis on Gravity Targets 1 & 10 (Figure 2), following up on the significant gold mineralisation (>1g/t) identified in the AC drilling (Figure 3).
Figure 1: Location Map showing NAE’s Wagyu Gold Project (E47/2974) in the Gold Mineralisation Corridor shared with De Grey’s significant gold Mineral Resources, including Hemi, Mt Berghaus and Calvert.
The Hemi Gold Mineral Resource was last updated by De Grey Mining on 14 November 20241. The estimate is for 264Mt @ 1.3g/t Au for 11.2Moz, which can be broken down into 13Mt @ 1.4g/t for 0.6Moz, 149Mt @ 1.3g/t Au Indicated for 6.3 Moz, and 103Mt @ 1.3g/t Au for 4.3 Moz Inferred.
NAE confirms that it is not aware of any new information or data that materially affects the information included in De Grey’s reported Mineral Resources referenced in this market announcement. To NAE’s full knowledge, all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed.
The previous AC drilling drilled to the top of fresh rock only, and this RC program will test for primary mineralisation in fresh rock below and adjacent to the oxide mineralisation identified in late 2024. RC drilling is also intended to outline better the boundaries, nature, and extent of mineralised intrusions identified from geophysics and AC drilling.
The RC drilling campaign is scheduled for completion within four weeks, with assay results expected between late April and May 2025.
Click here for the full ASX Release
This article includes content from New Age Exploration Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that Homerun Energy has launched its website and "The HUB" AI-powered platform for energy management.
Through the website our customers and energy professionals can now access The HUB, a revolutionary AI-driven platform that redefines how energy is generated, stored, consumed, and traded across complex, distributed systems. Homerun Energy is now developing business opportunities in the EU, UK, North America and South America.
Solving the Complexity of Modern Energy Systems
Today's energy environments are becoming increasingly intricate, combining solar PV, storage systems, electric vehicles, chargers, and diverse sensors all from different vendors, protocols, and platforms. Traditional systems fall short in orchestrating these assets efficiently.
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The HUB changes the game by embedding artificial intelligence directly into the energy ecosystem at the edge locally and in the cloud, offering real-time optimisation, predictive maintenance, and unified control.
Key Features of the HUB:
PV Services: From real-time production monitoring to inverter health and weather-based forecasting, The HUB ensures efficient operation and maintenance of solar assets.
Advanced Energy Storage Management: Tracks performance, state of charge, health, and cycle life. Optimises energy use through AI-driven scheduling, peak shaving, and energy trading.
EV Charging & Smart Control: Manages individual or fleet charging using dynamic strategies based on tariffs, weather, and usage trends.
Multi-Layer AI Intelligence: Proprietary AI operates at four levels: Local (on-device), Service, Global (multi-site), and Cross-Customer (big data insights). This layered design enables real-time, user-driven energy optimisation and network-level learning.
Integrated Energy Trading: Predicts market behaviour and executes trades in real time-buying low, storing smartly, and selling high-with AI and big data as the driving force.
Vehicle-to-Grid (V2G): Turn EVs into dynamic energy storage units. The HUB determines optimal charge/discharge cycles to support energy trading or on-site demand, all based on user-defined strategies.
Predictive Maintenance: Advanced monitoring identifies system anomalies early, reducing downtime and maintenance costs while ensuring peak performance across all assets.
Cybersecurity at the Core: The HUB establishes a direct, secure connection between field devices and its protected servers. All communications adhere to the highest cybersecurity standards, effectively mitigating the risk of cyberattacks on critical assets-including inverters, photovoltaic systems, energy storage units, and EV chargers-ensuring both energy infrastructure and grid security.
"The HUB represents a shift from fragmented energy assets to unified energy intelligence. It empowers users to control, optimise, and monetise their systems like never before: with The HUB, we're not just managing energy, we're reshaping how energy is produced, consumed, and monetised. It's a leap forward for businesses looking to future-proof their complex energy operations," said Luca Sorbello, CEO of Homerun Energy.
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About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
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)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258389
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Homerun Resources Inc. (TSXV: HMR,HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce the receipt of a second budgetary offer to build Latin America's first dedicated solar glass manufacturing facility with a production capacity of 1,000 tonnes per day of low-iron solar glass. The Company has received a comprehensive offer from GS Engineering GmbH ("GS"), a consortium between Grenzebach a market leader for glass annealing lehr equipment and cutting lines (cold ends) and Sorg a leading provider of glass melting technology, two family owned and Germany-based leaders in glass manufacturing technology.
The GS project budget is estimated at approximately EURO 150 million for the solar glass manufacturing technology. As detailed previously, in addition to this amount, there will be an industrial construction, utilities and electrical supply budget for the solar glass manufacturing facility located on the government granted land next to the Company's silica resources in Belmonte, Bahia, Brazil. The output of the manufacturing facility will be the production of ultra-clear solar glass with very low iron content, ideal for high-efficiency and high-quality solar glass for PV modules, based on rolled glass technology.
The Company has recently signed a Memorandum of Understanding (MoU) with the Municipality of Belmonte, in the State of Bahia, Brazil, and other key public entities, for the donation of land and full infrastructure, for the installation of the industrial facilities for the solar glass manufacturing plant (see press releases here and here).
This is a competitive offer to the budgetary offer received from HORN Glass Industries AG, a leading global supplier of state-of-the-art glass production plants (see press release here). The company has sustained detailed technical and commercial discussions with both contenders, in order to refine and compare the two offers and is now focused on the decision making process of selection between these two very experienced firms.
The Company is on schedule with its plans, having completed the pre-feasibility data capture and is now in the process of selecting a short-list of engineering firms to bid for the Bankable Feasibility Study ("BFS").
"Moving from the idea origination, through planning and development and toward construction has been a fast-track process for our internal team and our external consultants. We congratulate these professionals on achieving these deliverables within our expedited timelines. Seeing our design layouts rendered over land use plots is exciting and we now enter the final stage of development with a massive internally developed pre-feasibility data set to reduce the timelines to a completed BFS," said Brian Leeners, CEO of Homerun.
About GS Engineering GmbH
GS Engineering (https://gse-glass.com/) offers a wide range of consultancy, engineering and project management services to glass manufacturers. By uniting the hot end and cold end in a holistic approach, GSE can guide customers throughout the entire journey with a one-stop solution and access to the latest technological developments for state-of-the-art glass making. As a joint venture of the companies Grenzebach (https://www.grenzebach.com/en/) and Sorg (https://www.sorg.de/) the company GS Engineering is offering complete solutions especially for solar and float glass projects.
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR,HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Homerun Energy Solutions
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
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)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258246
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QNB Metals Inc. (CSE: TIM.X) (USOTC: QNBMF) announces that it has entered into an agreement on July 4, 2025 to acquire ReSolve Energie Inc. / ReSolve Energy Inc., a privately held company specializing in advanced biofuel technologies.
QNB Metals Inc. (the “Corporation”) has executed a share exchange agreement (“Definitive Agreement”) whereby it will acquire all the issued and outstanding common shares of ReSolve Energie Inc. / ReSolve Energy Inc. (“ReSolve”) in exchange for 18,000,000 common shares in the capital of the Corporation (the “Common Shares”) on a post-Consolidated (as defined herein) basis at a deemed price of $0.25 Common Share (the “Proposed Transaction”). As of the date of the Definitive Agreement, ReSolve had 22,154,370 ReSolve Shares issued and outstanding representing an exchange ratio of 0.8124 Corporation shares for each share held in ReSolve.
Ian C. Peres, President and Chief Executive Officer of the Corporation stated, “We are pleased to have executed the definitive agreement to acquire ReSolve. This innovative patent-pending technology will support the primary wood processing industry by allowing them to improve margins on their production residue. Post-closing, we will move quickly towards the installation of continuous demonstration equipment, in ReSolve’s Lac-Mégantic plant, as a final step to complete the feasibility of our first commercial plant. The cashflow and payback period of the commercial plant is expected to support the rapid development of the business.”
The Proposed Transaction will be considered a “Fundamental Change” pursuant to the policies of the Canadian Securities Exchange (the “CSE”) of the resulting entity following completion of the Proposed Transaction (the “Resulting Issuer”). The business of the Resulting Issuer will be the business of ReSolve Energy. See previous press release: May 16, 2025 - QNB set terms to acquire ReSolve Energie, leading hydrogen and biofuel technology.
Upon completion of the Proposed Transaction, QNB intends to change its name to “RéSolve Energie Inc. / ReSolve Energy Inc.” or such other name as determined by the parties (the “Name Change”) and the parties expect that the CSE will assign a new trading symbol for the Resulting Issuer.
As a condition to the completion of the Proposed Transaction, the Corporation or ReSolve will complete a non-brokered private placement financing via the issuance of subscription receipts (the “Subscription Receipts”) at a price of $0.25 per Subscription Receipt for aggregate gross proceeds of a minimum of $2,500,000 and up to a maximum of $3,000,000 (the “Financing”). Upon the satisfaction of the escrow release conditions, each Subscription Receipt will automatically convert into one post-Consolidated Common Share. Finder’s fees may be paid in connection with the Financing. The Resulting Issuer intends to use the net proceeds of the private placement to advance its business objectives and working capital purposes.
The board of directors of the Corporation (the “Board”) is presently comprised of four (4) members who will continue and, upon completion of the Proposed Transaction, Andre Proulx, the current President of ReSolve, will be appointed to Board. The executive officers of the Corporation are expected to continue as officers of the Resulting Issuer. Mr. Proulx is the President of ReSolve and is the founder of Petrolia Inc. where he led the discovery of three distinct oil deposits in Anticosti and Gaspe Peninsula and negotiated two partnerships with European oil companies. He is also founder and director of several mining companies on the TSE, having raised significant equity internationally. Mr. Proulx is a past winner of the Hector Authier Award and the Petroleum Entrepreneurship Award.
Concurrent with the Proposed Transaction, the Corporation will complete a consolidation of its Common Shares on the basis of five (5) pre-consolidation Common Shares for one (1) post-Consolidation Common Share (the “Consolidation”). The joint venture previously entered into between ReSolve and the Corporation (the “Joint Venture”) will be terminated pursuant to the terms of the Definitive Agreement (Press releases: January 16, 2025, November 29, 2024, and September 19, 2024).
Upon completion of the Proposed Transaction and the Financing, it is expected that: (i) the former QNB shareholders will hold approximately 24% of the Resulting Issuer Shares; (ii) the former shareholders of ReSolve will hold approximately 49% of the Resulting Issuer Shares; investors in the Financing will hold approximately 27% of the Resulting Issuer Shares.
Prior to the completion of the Proposed Transaction, the Corporation intends to seek shareholder approval for the Proposed Transaction an annual general and special meeting of its shareholders to approve, amongst other items: (a) the Transaction, (b) the Name Change; (c) the Consolidation; (d) the election of the new director to the Board; and (e) other corporate matters. A disclosure document with respect to the Proposed Transaction (the “Disclosure Document”) will be mailed to shareholders and posted on the Corporation’s SEDAR+ profile at www.sedarplus.ca.
The completion of the Proposed Transaction is subject to a number of terms and conditions, including, but not limited to: (i) completion of the Financing; (ii) the parties obtaining all necessary consents, orders and regulatory and shareholder approvals, including the conditional approval of the CSE; (iii) satisfactory due diligence by each party of the other party; (iv) no material adverse changes occurring in respect of either QNB or ReSolve; (v) completion of the Consolidation and Name Change (as defined below); and (vi) termination of the Joint Venture.
The post-Consolidation Common Shares to be issued pursuant to the Proposed Transaction and Financing will be issued pursuant to exemptions from the prospectus requirements of applicable securities legislation. Common Shares to be issued pursuant to the Proposed Transaction and the Financing are expected to be subject to restrictions on resale under applicable securities legislation or escrow, including the securities to be issued to principals of the Resulting Issuer, which will subject to the escrow requirements of the CSE.
The Proposed Transaction is not a “related party transaction” as such term is defined by Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. Trading in the Common Shares has been halted and is expected to remain halted pending the satisfaction of the listing requirements of the CSE. There can be no assurance that the trading of Common Shares will resume prior to the completion of the Proposed Transaction. The Definitive Agreement will be filed under the Corporation’s SEDAR+ profile at www.sedarplus.ca.
About QNB
QNB Metals is exploring for natural or white hydrogen in Ontario and Quebec, using leading patent pending detection technology on highly prospective claims. The Corporation also holds the Kingsville Salt Reservoir Project in Nova Scotia.
About ReSolve
ReSolve is a private Canadian company focused on the development and commercialization of advanced biofuel and renewable energy technologies, as well as the exploration of natural hydrogen resources.
ReSolve has engineered a proprietary, patent pending acid hydrolysis platform capable of converting residual biomass—including bark, demolition wood, and paper sludge—into three complementary renewable energy products: second-generation ethanol, industrial-grade lignin pellets, and electricity generated via integrated biomass cogeneration.
ReSolve also owns a patent pending intellectual property portfolio related to the hydrogen detection and extraction methods in addition to 119 mineral exploration claims covering 6,613 hectares (66 km2) in Québec, known to host elevated levels of hydrogen.
On behalf of the Board of Directors and for further information, please contact:
Ian C. Peres, CPA, CA
President & CEO
+1.416.579.3040
QNB’s public documents may be accessed at www.sedarplus.com
THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations (including negative and grammatical variations) of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
Forward-looking information in this press release may include, without limitation, statements relating to: the completion of the Proposed Transaction, the business of the ReSolve and the Resulting Issuer, the timing thereof, and on the terms described herein, the completion of the proposed Financing and the use of proceeds therefrom, the proposed new director of the Resulting Issuer, obtaining the appropriate approvals required with respect to the Proposed Transaction, the completion of the Consolidation, the completion of the Name Change, completion of satisfactory due diligence, obtaining shareholder and regulatory approvals, and the filing of the Disclosure Document.
These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the commodities industry, market conditions, general economic factors, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of each of QNB and ReSolve may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although QNB believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, QNB does not intend and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is very pleased to announce that our research partners at UC Davis Materials Science and Engineering have successfully synthesized Silicon Carbide (SiC) with proprietary methods involving electrically generated heat and energy using Homerun's raw Belmonte silica sand and Bahia Graphite Corporations (BGC) raw graphite from Bahia, Brazil.
Silicon Carbide is a critical material in modern industries, prized for its exceptional hardness, thermal stability, and semiconductor properties used in electric vehicle powertrains, renewable energy systems and 5G infrastructure and industrial robotics. By having access to both high-purity silica sand (SiO₂) and graphite (C) from nearby Brazilian deposits, Homerun bypasses supply chain vulnerabilities that are currently affecting global SiC producers. The Acheson process, used for the great majority of commercial SiC, requires precisely these inputs.
The journey from raw materials to functional SiC components involve two distinct phases: synthesis and final product manufacturing. While synthesis focuses on producing the base material, final product manufacturing tailors its structure and properties for specific applications.
Further milestones from the continuing R&D Program for 2025, are as follows:
Silicon Carbide - R&D Phase | Milestones to the End of 2025 | |
Phase 1: Synthesis to Silicon Carbide | Achieved in first half of 2025 | |
Phase 2: Pre-Treatment & Densification | Sintering to densify the mixture & optimize for thermal conductivity and porosity | |
Phase 3: Laser Synthesis | Perform laser irradiation in order to tune parameters (wavelength, power, scan rate) for phase formation | |
Phase 4: Material Characterization | XRD, SEM, Raman to confirm SiC phase and structure and compare with known β-SiC and α-SiC standards | |
Phase 5: Optimization & Scaling | Repeat synthesis to improve yield, purity, and crystal structure and begin scale-up feasibility assessment | |
Phase 6: Application Testing | Electrical/thermal performance tests to begin development of integration into device prototypes |
Brian Leeners, CEO of Homerun stated, "We extend our gratitude to the UC Davis Materials and Engineering team for achieving this pivotal milestone in our strategic mission to develop innovative processing methods for advanced materials. Global critical material supply chains face increasing pressures, including competition with former suppliers. To succeed, we must pioneer cost-effective technologies that align with clean energy principles. Our collaboration with UC Davis continues to deliver groundbreaking solutions, now combining Homerun's high-purity silica and Bahia Graphite's premium graphite to redefine industry standards."
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
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)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258085
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Stallion Uranium Corp. (the " Company " or " Stallion " ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that, it has entered into a technology data acquisition agreement (the " Agreement ") dated April 24 th 2025, amongst the Company and Matthew J. Mason (the " Lessor ") to enhance exploration efforts across its expansive uranium land package in the Athabasca Basin, Saskatchewan. The Lessor holds the exclusive license to certain proprietary technology and know how that can be used to assist in area prioritization selection for the purposes of exploration for minerals (the " Technology " or " Haystack ").
Highlights About the Technology:
"The application of machine learning in mineral exploration is transforming the industry, and we are excited to integrate this powerful tool into our exploration strategy," said Matthew Schwab, CEO of Stallion Uranium. "By deploying advanced analytics, we aim to enhance our ability to identify high-priority targets, reduce exploration risk, and maximize the potential of our uranium assets."
Figure 1 : Haystack Study Area
Agreement Terms:
Pursuant to the terms of the Agreement, the Lessor will grant the Company a non-exclusive, non-transferable right to access the Technology for a 12-month term (the " Technology Lease "). The Company's use of the Technology pursuant to the Technology Lease shall be limited to such mineral tenures owned or legally occupied by the Company covering an area of approximately 1,400 square kilometers in the Athabasca Basin, Saskatchewan and Alberta (the " Subject Property ").
Pursuant to the terms of the Agreement and in consideration for the grant of the Technology Lease, on the fifth business day following the TSX Venture Exchange's conditional acceptance of the Agreement (the " Closing Date "), the Company will issue an aggregate of 5,000,000 common shares in the capital of the Company (each a " Payment Share ") to the Licensor and the Lessee, as follows: (i) 3,750,000 Payment Shares to the Lessor; and (ii)1,250,000 Payment Shares to the Licensor. The Payment Shares shall be subject to a hold period ending on the date that is four months plus one day following the date of issuance under applicable Canadian securities laws.
Pursuant to the terms of the Agreement, the Licensor shall provide certain services in connection with the application of the Technology to the Subject Property for a minimum of any three consecutive months during the term of the Agreement (the " Services "). In consideration for such Services, the Company has agreed to pay the Licensor a fee of £70,000 per month for each month in which the Services are performed.
The Lessor is an insider to the Company by virtue of holding 10% or more Company's issued and outstanding common shares on a partially diluted basis. The issuance of any securities to an insider will be considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). The Company is relying on exemptions from the formal valuation requirements of MI 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of MI 61-101 pursuant to section 5.7(1)(a) in respect of such insider participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company's market capitalization.
About Stallion Uranium Corp.:
Stallion Uranium is working to ‘Fuel the Future with Uranium' through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .
On Behalf of the Board of Stallion Uranium Corp.:
Matthew Schwab
CEO and Director
Corporate Office:
700 - 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
T: 604-551-2360
info@stallionuranium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/028d9b66-ef57-4c79-b33c-72bd316d6d05
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Trading resumes in:
Company: Stallion Uranium Corp.
TSX-Venture Symbol: STUD
All Issues: Yes
Resumption (ET): 9:30 AM
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SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
View original content: http://www.newswire.ca/en/releases/archive/July2025/07/c5804.html
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