Mr. Stephen Balch reports

HOMELAND NICKEL TERMINATES PARTICIPATION IN BENTON JOINT VENTURE

Homeland Nickel Inc. will no longer participate in its joint venture with Benton Resources Inc. on the Great Burnt and South Pond properties in central Newfoundland. Homeland will instead focus its attention to the advancement of its nine nickel laterite properties in Southern Oregon and its option agreement with Patriot Nickel (see news release Nov. 13, 2025).

As of Dec. 31, 2025, Homeland had been deemed to incur $2,201,071.93 (or 26.49 per cent) in exploration expenditures while Benton had incurred $6,108,232.33 (or 73.51 per cent). Homeland's interest in the properties will continue to be diluted as Benton further explores. Currently Homeland owns 11,477,000 Benton common shares (TSX Venture Exchange: BEX).

About Homeland Nickel Inc.

Homeland Nickel is a Canadian-based mineral exploration company focused on critical metal resources with nine nickel projects in Oregon, United States, and copper and gold projects in Newfoundland, Canada. The company holds a significant portfolio of mining securities including 442,000 shares of Canada Nickel Company Inc. (TSX-V: CNC), 9.960 million shares of Noble Mineral Exploration Inc. (TSX-V: NOB), 11,447,000 shares of Benton Resources Inc. (TSX-V: BEX), 81,150 shares of Vinland Lithium Inc. (TSX-V: VLD) and 2,761,000 shares of Magna Terra Minerals Inc. (TSX-V: MTT). Homeland Nickel's common shares trade on the TSX Venture Exchange under the symbol SHL.

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