Homeland Announces Non-Brokered Private Placement

• Homeland Nickel Inc. announced a non-brokered private placement of up to 8.0 million units at C$0.38 per unit.
• Gross proceeds are capped at C$3,040,000.
• Each unit consists of one common share and 0.5 common share purchase warrants.
• Warrants carry a C$0.50 exercise price and expire 24 months post-closing.
• Proceeds will fund property payment obligations, a sonic drill program at the Red Flat property, and general corporate purposes.
• The transaction is expected to close around September 10, 2026, subject to TSX Venture Exchange approval.
• A four-month and one-day hold period applies to the issued securities.

• The financing is a routine capital raise consistent with the company's historical pattern of funding exploration and property obligations.
• Dilution is moderate, adding up to 8.0 million shares and 4.0 million warrants to the existing ~223.7 million share base.
• The use of proceeds directly supports the announced 2026 exploration program, specifically the sonic drilling at Red Flat mentioned in prior May and July releases.
• The issue price of C$0.38 aligns with recent trading levels, indicating fair market valuation without significant discounting.
• This follows the August 24 reacquisition of NSRs from RAB Capital, which cleared direct milestone payment obligations and shifted liabilities to Patriot Nickel Corp.
• The financing ensures operational continuity into 2027 but does not alter the fundamental exploration-stage status of the assets.

• Homeland Nickel is a Canadian exploration company focused on nickel laterite projects in Southern Oregon, USA.
• The 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 has consolidated its portfolio to nine Oregon properties, divesting non-core assets like the Shamrock nickel-copper project and terminating the Newfoundland joint venture.
• Strategic partnerships with Patriot Nickel, Westwin Elements, and Brazilian Nickel aim to develop an integrated domestic nickel supply chain, including mining, processing, and refining.
• The company is advancing toward a bankable feasibility study, with environmental reviews and aerial surveys already underway.