Homeland to carry out environmental studies of projects

• Homeland Nickel Inc. has engaged GHD Inc. to perform environmental consulting services for National Environmental Policy Act (NEPA) documentation.
• The studies cover Cleopatra, Woodcock Mountain, Eight Dollar Mountain, and Red Flat properties.
• Commencement date for services is June 7, 2026.
• Sonic and auger drilling programs are scheduled for later this summer pending NEPA completion.
• Forest Service will lead the environmental review for Red Flat while Homeland leads on three other properties.
• Exploration continues at six other properties not requiring NEPA evaluation at this time.

• The news confirms operational progress but does not introduce new value or unexpected catalysts.
• Environmental studies are a prerequisite step previously anticipated in the May 7, 2026 release regarding permitting and drilling timelines.
• No assay results or resource updates are included; this is administrative groundwork for future exploration.
• The Westwin Elements MoU (May 14) provides context on refining strategy but does not guarantee immediate production revenue.
• Market reaction has been muted, with price consolidating around $0.40 following a significant January rally to $0.70.

• Company: Homeland Nickel Inc. (TSX-V: SHL).
• Flagship Project: Cleopatra Property in Southern Oregon, USA.
• Asset Type: Nine nickel laterite projects in Southern Oregon.
• Historical Resource: Cleopatra contains approximately 40 Mt of laterite grading 0.92% Ni (historical estimate pending NI 43-101 update).
• Development Stage: Exploration and Permitting. Feasibility study planned for 2027.
• Strategic Focus: "Made in America" nickel supply chain to support defense industrial base and energy security.