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Homeland Nickel Boosts Stake in U.S. Subsidiary

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Homeland Nickel Boosts Stake in U.S. Subsidiary

Spruce Ridge Resources (TSE:SHL) has released an update.

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Homeland Nickel Inc. has successfully increased its stake in its U.S. subsidiary, Homeland Nickel Corporation, to 98.5% by acquiring an additional 18.5% from minority shareholders. This strategic move offers liquidity to the sellers while positioning the company to potentially own 100% of its key nickel properties, Cleopatra and Red Flat.

For further insights into TSE:SHL stock, check out TipRanks’ Stock Analysis page.

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