Mr. Stephen Balch reports

HOMELAND ANNOUNCES CHANGE IN AUDITOR

Homeland Nickel Inc. has changed its auditor from Scarrow and Donald LLP, chartered professional accountants (the former auditor), to MNP LLP, chartered professional accountants (the successor auditor), effective July 7, 2025. The former auditor resigned as auditor of the company Jan. 30, 2025, and the board of directors of the company appointed the successor auditor as the new auditor until the next annual general meeting of the company. The change of auditor is due to exposure of the company to United States assets which the previous auditor is no longer handling.

The company confirms that there have been no modified opinions in the former auditor's reports for the two most recently completed financial years or for any period subsequent to the most recently completed period for which an audit report was issued. The company's board of directors and audit committee each approved the resignation of the former auditor and the appointment of the successor auditor in place of the former auditor; there were no reportable events (as defined in National Instrument 51-102) in connection with each of the former auditor's audit of the company which occurred prior to their resignation as auditors of the company; and the notice of change of auditor was approved by the company's board of directors.

In accordance with National Instrument 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the audit committee and the board of directors and have been filed on SEDAR+.

About Homeland Nickel Inc.

Homeland Nickel is a Canadian-based mineral exploration company focused on critical metal resources with nickel projects in Oregon, United States, and copper and gold projects in Newfoundland, Canada. The company holds a significant portfolio of mining securities including 2,692,000 shares of Canada Nickel Company Inc. (TSX-V: CNC), 9.960 million shares of Noble Mineral Exploration Inc. (TSX-V: NOB), 12.682 million shares of Benton Resources Inc. (TSX-V: BEX) and 2.761 million 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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