Mr. Stephen Balch reports

HOMELAND NICKEL ANNOUNCES ENVIRONMENTAL STUDIES TO COMMENCE AT CLEOPATRA, RED FLAT, WOODCOCK MOUNTAIN AND EIGHT DOLLAR MOUNTAIN

Homeland Nickel Inc. has engaged GHD Inc. to provide environmental consulting services to develop National Environmental Policy Act documentation in advance of its coming mineral exploration programs. The services are expected to commence on June 7, 2026, and will include the potential effects of threatened, proposed and sensitive plant species and their habitat, as well as wildlife identification, including mammals, birds, reptiles, amphibians and invertebrates. A cultural resource report will also be completed documenting Section 106 compliance under the National Historic Preservation Act. GHD will focus on Cleopatra, Woodcock and Eight Dollar Mountain while the Forest Service will lead the environmental review on Red Flat.

Summarizing the coming environmental studies, president and chief executive officer Steve Balch said: "We have arranged to complete an environmental review prior to conducting our sonic and auger drill programs later this summer. The Forest Service will focus on Red Flat while Homeland will lead the work on three other properties to ensure we advance all our properties in 2026. Exploration will continue at our six other properties, which do not require a NEPA evaluation at this time."

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. The Cleopatra property alone contains a historical resource of approximately 40 million tonnes of laterite grading 0.9 per cent 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 under the symbol SHL.

Qualified person

Stephen J. Balch, PGeo (Ontario), the company's president and chief executive officer, a qualified person under National Instrument 43-101, has reviewed and approved the technical content of this news release.

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