The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 85,990 common shares, representing an additional 18.5-per-cent interest, in the capital of Homeland Nickel Corp., the U.S. subsidiary of Homeland Nickel Inc., holding the rights to the mining claims at the company's Cleopatra and Red Flat nickel laterite properties, pursuant to stock purchase agreements between the company and six arm's-length minority shareholders of Homeland Nickel Corp.
Pursuant to the terms of the agreements and as consideration for the acquisition of the shares, the company issued on closing 3,439,600 common shares in the capital of the company at a deemed price of five cents per share to the vendors.
For further details, please refer to the company's news release dated Nov. 6, 2024.
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