Northwire Canada EditionMonday, September 14, 2026
Northwire
GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8%
Financings Routine +

Homeland Announces Non-Brokered Private Placement is Fully Subscribed

Homeland secured a fully subscribed $3m financing to extend its operational runway through 2027.

Executive Summary

Homeland Nickel Inc. announced the full subscription of its previously announced non-brokered private placement of up to 8,000,000 units at C$0.38 per unit, generating gross proceeds of approximately C$3,040,000. Each unit consists of one common share and one-half of a common share purchase warrant, with the warrants exercisable at C$0.50 per share for 24 months following closing.

The net proceeds will fund property payment obligations, exploration activities, and general corporate purposes. The closing is subject to final acceptance by the TSX Venture Exchange. As a related party transaction, directors and officers are expected to participate, relying on exemptions from formal valuation and minority shareholder approval under Multilateral Instrument 61-101.

Material Impact

Homeland Nickel Inc. (SHL) closed a financing transaction on September 14, 2026, following its initial announcement on August 26, 2026. The deal resulted in full subscription, adding 8,000,000 common shares and 4,000,000 warrants to the company’s capital structure. Proceeds from the transaction are earmarked for near-term property payments and exploration, extending the company's operational runway into 2027. This execution confirms the strategic trajectory outlined in the August announcement, with no new strategic developments introduced.

SHL · Price
Company Overview

Homeland Nickel Inc. (SHL) is a Canadian mineral exploration company focused on nickel laterite projects in Southern Oregon, USA. Its flagship assets include the Cleopatra and Red Flat properties, which hold historical resources of approximately 39.5 Mt @ 0.93% Ni and 18.8 Mt @ 0.84% Ni, respectively.

The company also holds additional Oregon properties, including Woodcock Mountain, Eight Dollar Mountain, Josephine Creek, Rough and Ready, and previously held a joint venture in Newfoundland. Its strategic focus is on advancing a "Made in America" nickel supply chain, partnering with entities like Brazilian Nickel and Westwin Elements for processing and refining.

Read the original news release →

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