Homeland Announces Non-Brokered Private Placement is Fully Subscribed
HOMELAND ANNOUNCES NON-BROKERED PRIVATE PLACEMENT IS FULLY
SUBSCRIBED
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES
Toronto, Ontario, September 14, 2026 – Homela nd Nickel Inc. (TSXV: SHL; OTCQB: SRGCF)
(“Homeland” or the “Company”) is pleased to announce that , further to its news release dated August
26, 2026, its previously announced non-brokered privat e placement financing of up to 8,000,000 units of
the Company (the “Units”) at a price of C$0.38 per Unit (the “Issue Price”) for aggregate gross proceeds
to the Company of approximately C$3,040,000 (the “Financing”) has been fully subscribed.
Each Unit will be composed of one common share of the Company (a " Common Share") and one half of
one (0.5) Common Share purchase warrant (each whole warrant, a " Warrant"). Each Warrant will entitle
the holder to purchase one Common Share (a “Warrant Share”) at an exercise price of C$0.50 per Warrant
Share for a period of 24 months following the closing of the Financing.
Closing of the Financing remains subject to final acceptance by the TSX Venture Exchange. The Company
intends to use the net proceeds of the Financing to fund property payment oblig ations and exploration
activities at the Company’s mineral exploration projects and for general corporate purposes.
Certain directors and officers (the " Insiders") are expected to acquire Units under the Financing. The
participation of Insiders in the Financing will constitute a "related party transaction" within the meaning of
Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-
101"). The Company anticipates relying on exemptions from the formal valuation and minority shareholder
approval requirements applicable to related party transactions under sections 5.5(a) and 5.7(1)(a),
respectively, of MI 61-101, as neither the fair ma rket value of the securities to be acquired by the
participating Insiders nor the consid eration to be paid by the Insiders is expected to exceed 25 percent of
the Company’s market capitalization (as determined under MI 61-101).
The securities described herein have not been, and will not be, registered under the United States Securities
Act, or any state securities laws, and accordingly may not be offered or sold within the United States except
in compliance with the registration requirements of the U.S. Securities Act and applicable state securities
requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or
a solicitation to buy any securities in any jurisdiction.
About Homeland Nickel Inc.
Homeland Nickel is a Canadian-based mineral explor ation company focused on critical metal resources
with nine nickel projects in Oregon, United States, including two with historical resources. The Cleopatra
Property alone contains a historical resource of approximately 40 Mt of laterite grading 0.9% nickel making
it the largest historical undeveloped nickel resource in the continental United States. Homeland Nickel’s
common shares trade on the TSX Venture Exchange unde r the symbol “SHL”. More detailed information
can be found on the Company’s website at:
http://www.homelandnickel.com
FOR FURTHER INFORMATION PLEASE CONTACT:
Stephen Balch, President & CEO, Homeland Nickel Inc.
Phone: 905-407-9586
Email: [email protected]
Qualified Person
Stephen J. Balch, P.Geo. (ON), the Company’s President and CEO and a “Qualified Person” under National
Instrument (NI) 43-101, has reviewed and approved the technical content of this news release.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsib ility for the adequacy or accuracy of this news
release.
This press release includes certain "forward-looking information" within the meaning of Canadian
securities legislation (“forward-looking statements”). Forward-looking statements are not comprised of
historical facts. Forward-looking statements include estimates and statements that describe the Company’s
future plans, objectives or goals, including words to the effect that the Company or management expects a
stated condition or result to occur. Forward-looki ng statements may be identified by such terms as
“believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since
forward-looking statements are based on assumptions a nd address future events and conditions, by their
very nature they involve inherent risks and un certainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual results will
meet management’s expectations. Risks, uncertainti es, and other factors involved with forward-looking
statements could cause actual events, results, performance, prospects, and opportunities to differ materially
from those expressed or implied by such forward-looking statements. Forward-looking statements in this
document include, but are not limited to, statements regarding the Financing, including the maximum size
thereof, the expected timing to complete the Financi ng, the ability to complete the Financing on the terms
provided herein or at all, the anticipated use of th e net proceeds from the Financing, the receipt of all
necessary approvals for the Financing and the Company’ s objectives, goals and future plans. Factors that
could cause actual results to differ materially from su ch forward-looking statements include, but are not
limited to failure to identify mineral resources, the pre liminary nature of metallurgical test results, delays
in obtaining or failures to obtain required governmental, environmental or other project approvals, changes
in regulatory requirements, political and social risks, uncertainties relating to the availability and costs of
financing needed in the future, uncertainties or challenges related to mineral title in the Company’s projects,
changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity and in particular
nickel prices, delays in the deve lopment of projects, the continued availability of capital, accidents and
labour disputes, and the other risks involved in the mineral exploration industry, an inability to raise
additional funding, the manner the Company uses its cash or the proceeds of an offering of the Company’s
securities and those risks set out in the Company’ s public documents filed on SEDAR+. Although the
Company believes that the assumptions and factors used in preparing the forward-looking statements in
this news release are reasonable, undue reliance s hould not be placed on such information, which only
applies as of the date of this news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. Reference is made to the Company’s continuous disclosure documents filed
on SEDAR+ for a more detailed discussion of some of the factors underlying forward-looking statements
and the risks that may affect the Company’s ability to achieve the expectations set forth in the forward-
looking statements contained in this press release. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statem ent. The forward-looking statements contained in
this news release are made as of the date of this news release, and the Company disclaims any intention or
obligation to update or revise any forward-looking st atements, whether as a resu lt of new information,
future events, or otherwise, other than as required by law.