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home / news releases / SHL:CC - Homeland Announces Change in Auditor


SHL:CC - Homeland Announces Change in Auditor

(TheNewswire)

Toronto, Ontario – TheNewswire - July 14, 2025 – Homeland NickelInc. (“ Homeland Nickel ” or the “ Company ”) (TSX-V:SHL, OTC: SRCGF) announces that it has changed its auditor fromScarrow and Donald, LLP Chartered Professional Accountants (the"Former Auditor") to MNP LLP, Chartered ProfessionalAccountants (the "Successor Auditor") effective July 7,2025. The Former Auditor resigned as auditor of the Company January30, 2025 and the board of directors of the Company appointed theSuccessor Auditor as the new auditor until the next Annual GeneralMeeting of the Company. The change of auditor is due to exposure ofthe Company to United States assets which the previous auditor is nolonger handling.

The Company confirms that there have been no modifiedopinions in the Former Auditor's reports for the two most recentlycompleted financial years or for any period subsequent to the mostrecently completed period for which an audit report was issued. TheCompany's board of directors and audit committee each approved theresignation of the Former Auditor and the appointment of the SuccessorAuditor in place of the Former Auditor; there were no reportableevents (as defined in National Instrument 51-102) in connection witheach of the Former Auditor's audit of the Company which occurred priorto their resignation as auditors of the Company; and the Notice ofChange of Auditor was approved by the Company's board ofdirectors.

In accordance with National Instrument 51-102, theNotice of Change of Auditor, together with the required letters fromthe Former Auditor and the Successor Auditor, have been reviewed bythe audit committee and the board of directors and have been filed onSEDAR.

About Homeland Nickel

Homeland Nickel is a Canadian-based mineral explorationcompany focused on critical metal resources with nickel projects inOregon, United States and copper and gold projects in Newfoundland,Canada. The Company holds a significant portfolio of mining securitiesincluding 2.692 million 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) and2.761 million shares of Magna Terra Minerals Inc. (TSX-V: MTT).Homeland Nickel’s common shares trade on the TSX Venture Exchangeunder the symbol “SHL”. More detailed information can be found onthe Company’s website at:

http://www.homelandnickel.com

Cautionary Statement

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release. No stock exchange, securities commission orother regulatory authority has approved or disapproved the informationcontained herein.

This news release contains statements that constitute“forward-looking statements”. Forward-looking statements arestatements that are not historical facts and include, but are notlimited to, disclosure regarding possible events, that are based onassumptions and courses of action, and in certain cases, can beidentified by the words “expects”, “plans”, “anticipates”,“believes”, “intends”, “estimates”, “projects”,“potential” and similar expressions, or that events or conditions“will”, “would”, “may”, “could” or “should” occur,or the negative forms of any of these words and other similarexpressions. Forward-looking statements include statements related tofuture plans for the Company, and other forward-looking information. Forward-looking statements arebased on various assumptions including with respect to the anticipatedactions of securities regulators, stock exchanges, and governmententities, management plans and timelines, as well as results ofoperations, performance, business prospects and opportunities.Although the forward-looking statements contained in this news releaseare based upon what the management of the Company believes arereasonable assumptions on the date of this news release, suchassumptions may prove to be incorrect. Forward-looking statementsinvolve known and unknown risks and uncertainties, they should not beread as guarantees of future performance or results, and they will notnecessarily be accurate indications of whether such results will beachieved. A number of factors could cause actual results, performanceor achievements to differ materially from the results discussed in theforward-looking statements, including, but not limited to: aninability to develop and successfully implement explorationstrategies; general business, economic, competitive, political andsocial uncertainties; the lack of available capital; impact of theevolving situation in Ukraine on the business of the Company; andother risks detailed from time-to-time in the Company’s ongoingfilings with securities regulatory authorities, which filings can befound at www.sedarplus.ca. The Company cannot assure readers thatactual results will be consistent with these forward-lookingstatements. Readers are cautioned not to place undue reliance onforward-looking statements in this press release. Theseforward-looking statements are made as of the date of this newsrelease and the Company disclaims any intent or obligation to updateany forward-looking statement, whether because of new information,future events or otherwise, unless otherwise required by law.

Contact

Stephen Balch, President & CEO

Phone:        905-407-9586

Email:        steve@beci.ca

Copyright (c) 2025 TheNewswire - All rights reserved.

Stock Information

Company Name: Spruce Ridge Resources Ltd.
Stock Symbol: SHL:CC
Market: TSXVC
Website: spruceridgeresources.com

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