10:25 AM EDT, 10/03/2024 (MT Newswires) -- Homerun Resources ( HMRFF ) was at last look up 18% on Thursday after saying it has received a budgetary offer from Horn Glass Industries to build Latin America's first dedicated solar glass manufacturing facility with a production capacity of 1000 tonnes per day of low-iron solar glass.

Key features of the proposed solar glass production facility include a capital expenditure of 151.5 million euros. This does not include land, building, equipment and labour costs. The facility will use natural gas as primary fuel, with fuel oil backup capability.

Homerun is currently looking at potential sites for the facility in the area of Camacari in Bahia, Brazil. Sites with full infrastructure, electric power, water, natural gas pipeline and proximity to the deep seaport of Aratu are currently being reviewed.

Homerun was last seen up $0.21, to $1.34, on the TSX Venture Exchange.

Price: 1.33, Change: +0.20, Percent Change: +17.70