Homerun Resources Included in Bahia State Tax-Deferral Payment Program
Homerun Resources' (HMR.V) on Monday said its Brazilian subsidiary has been included in the industrial development and economic integration incentive program run by Bahia state in Brazil.The inclusion allows Homerun to defer payment of state value-added tax on the acquisition of capital goods for 24 months and to defer payment of the value-added tax balance on its sales for 72 months. The deferral framework is expected to support working capital optimization for Homerun's Solar Glass Project in Santa Maria Eterna and improve cash-flow management, the company said.The initial benefit term runs from July 1, 2026 through Dec.31, 2032.Homerun Resources shares were last seen down C$0.02 to C$0.60 on the TSX Venture Exchange.Price: $0.60, Change: $-0.02, Percent Change: -3.23%
