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Homerun Resources Inc. Shareholder Update
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Homerun Resources Inc. (TS...
About this update from Homerun Resources Inc.
[{"type":"text","content":"Homerun Resources Inc. Shareholder UpdateVancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Homerun Resources Inc. (TSXV: HMR) (\"Homerun\" or the \"Company\") today Brian Leeners, CEO provides a comprehensive shareholder update on the recent corporate developments within the execution of our three-phase strategic growth plan.We hope this message finds you well. We are thrilled to share our vision and commentary on recent developments within our Strategic Plan. Our vision is to become a leading energy and industrial materials company built upon our supply of high-purity quartz silica (HPQ Silica).Why HPQ SilicaOur modern society is built on materials. HPQ Silica, is one of these materials, and is used in multiple industrial and commercial products including many solutions in the energy and technology sectors. In the manufacture of solar systems, HPQ Silica is the basic material used to produce both polysilicon and solar glass. In the manufacture of mobile devices, HPQ Silica is used to produce both processing chips and interactive glass. Without HPQ Silica, there would be no solar energy generation and there would be no mobile devices. Global supplies of HPQ Silica are being exhausted much faster than they are being discovered, and if shoring up the supply of the world's second-most used commodity after water is not already front of mind for investors, governments, and regulators around the world, it will be soon.The U.S. Department of Energy (DOE) recently published its 2023 Critical Materials Assessment, highlighting the undeniable importance of silicon in energy solutions like solar and storage. The DOE's report underscores the critical need for stable and reliable supplies of silicon. As stated previously, silicon is processed from HPQ Silica.Homerun Three-Phase PlanHomerun is more than a resource company; it is a Materials Company. A resource company mines silica. A Materials Company processes silica into industrial inputs like silicon and can extend its reach through the entire industrial vertical all the way to the end product or solution. Homerun has a Three-Phase Strategic Plan that will include the Company extending its reach into verticals specifically addressing the energy transition.Phase One - HPQ Silica SupplyHomerun recently announced that the Company has successfully secured a substantial...