Business
Homeland Nickel Enters Agreement with USA Company, Amplifying Exposure to Strategic Holdings
(TheNewswire) Toronto, Ontario – November 13, 2025 – TheNewswire - Ho...
About this update from Homeland Nickel Inc
[{"type":"text","content":"Homeland Nickel Enters Agreement with USA Company, Amplifying Exposure to Strategic Holdings\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Toronto, Ontario – November 13,\n2025 –\n \n\n TheNewswire -\n \n\n Homeland Nickel\nInc.\n \n\n (“\n \n\n Homeland\n \n\n ” or the “\n \n\n Company\n \n\n ”) (TSX-V:\nSHL, OTC: SRCGF) is pleased to announce the formation of Patriot\nNickel Corp (“\n \n\n Patriot\n \n\n ”), a\n \n\n Delaware-registered private company with strong domestic roots and\ncapital market ties\n \n\n .\n \n\n\n\n Commenting on the deal with Patriot, President and CEO\nof Homeland, Stephen Balch said “The Patriot partnership is in\nkeeping with our belief in the emerging America First trend in the\nUnited States and the fact that Southern Oregon is the only logical\nlocation to build a significant, domestic supply of nickel. Our option\nof portfolio projects to Patriot and our equity interest in them will\nbenefit shareholders immensely as Patriot brings American investor\ninterest and recognition, American management and an excellent Board\nof Directors, who are well-placed to facilitate change within the US\nregulatory system. Homeland will benefit greatly while minimizing\ndilution to our existing shareholders.”\n \n\n\n\n Highlights of the recently signed Mineral Rights\nAgreement with Patriot include:\n \n\n\n\n\n\n The transaction is considered arms-length\n \n\n\n\n\n\n Homeland will option its Cleopatra Property (39.5 Mt @\n0.93% Ni historical resource) and its Eight Dollar Mountain Property\n(see news release July 17, 2025)\n \n\n\n\n\n\n Homeland will receive 20% of the common shares of\nPatriot\n \n\n\n\n\n\n Staged cash payments to Homeland of USD $1.25\nmillion\n \n\n\n\n\n\n Minimum expenditure requirements of USD $3.00\nmillion\n \n\n\n\n\n\n Cash and expenditure requirements are based over 3\nyears and can be accelerated\n \n\n\n\n\n\n Requirement to bring one property to pre-feasibility to\nearn an 80% interest in both properties\n \n\n\n\n\n\n Patriot will assume 50% of the progress payments to RAB\nCapital (CAD $7.5 million)\n \n\n\n\n\n\n Homeland will appoint one Patriot Director\n \n\n\n\n\n\n Homeland will be the Operator of the exploration\nprograms until such time as a Joint Venture is formed\n \n\n\n\n\n\n Upon Pat...