Homerun Resources (TSE:HMR) has released an update.
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Homerun Resources Inc. has signed an LOI to acquire additional mineral rights in the Belmonte Silica District from Guidoni Brasil S.A., aiming to consolidate control over the high-purity quartz sand area, which will enhance the company’s global competitiveness. The acquisition involves a payment plan of R$2,500,000 reais, strengthening Homerun’s position in one of the world’s top silica sand districts.
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