Homeland Announces Results of the Annual General Meeting of Shareholders

Rhea-AI Summary

Homeland Uranium (OTCQB: HLUCF, TSXV: HLU) reported results of its June 29, 2026 AGM. All matters were approved, including auditor appointment and the rolling up to 10 Omnibus Equity Incentive Compensation Plan, which still requires final TSX Venture Exchange approval.

Shareholders elected six directors, adding independent director and former external legal counsel Bernard Poznanski. The board re-appointed Eugene McBurney as chair. About 29,207,960 shares, or 26.1% of outstanding common shares, were represented. The board also granted 500,000 stock options at $0.12 and 200,000 DSUs to a director.

Positive

• All AGM resolutions received shareholder approval
• Rolling up to 10 Omnibus Equity Plan approved by shareholders
• 29,207,960 shares represented, equal to 26.1% of outstanding
• Appointment of experienced independent director Bernard Poznanski
• Re-appointment of Eugene McBurney as board chair provides continuity

Negative

• Equity awards of 500,000 options and 200,000 DSUs add dilution potential
• Equity Incentive Plan remains subject to final TSX Venture Exchange approval

News Market Reaction – HLUCF

+11.76%

+11.76% Session close to close

In the Jul 1 session, HLUCF gained 11.76%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to announce the results of its Annual General Meeting of shareholders held on Monday, June 29, 2026, in Vancouver, British Columbia (the "AGM").

All matters put forward to shareholders at the AGM were approved, including the appointment of DMCL, Chartered Professional Accountants, as the auditor of the Company for the ensuing year. Shareholders also approved and confirmed the Company's "rolling up to 10" Omnibus Equity Incentive Compensation Plan, as amended (the "Plan"). The Plan remains subject to the final approval of the TSX Venture Exchange.

In addition, shareholders elected Roger Lemaitre, Eugene McBurney, Mark Christensen, Rob Shewchuck, Andrew Tunks and Bernard Poznanski as directors of the Company for the ensuing year. Homeland is pleased to welcome Bernard Poznanski as a new independent director of the Company.

Bernard Poznanski, the Company's former external legal counsel, is a highly experienced corporate and securities lawyer with more than 40 years of distinguished practice advising public companies listed on the Toronto Stock Exchange, the TSX Venture Exchange, the NYSE American and NASDAQ on complex securities, corporate finance, mergers and acquisitions, and mining law matters. He brings strategic legal insight into transactions across a broad range of industries, particularly in natural resources, technology and capital markets.

A total of 29,207,960 common shares of the Company ("Common Shares"), representing approximately 26.1% of the Company's issued and outstanding Common Shares as of the AGM record date were represented in person or by proxy at the AGM.

Subsequent to the AGM, the Board of Directors of the Company (the "Board") re-appointed Eugene McBurney as Chair of the Board.

Equity Incentive Compensation Grant

The Company also announces that the Board approved the issuance of 500,000 stock options ("Options") and 200,000 deferred share units ("DSUs") of the Company to a director of the Company pursuant to the Plan. Each Option entitles the recipient to purchase one Common Shares at an exercise price of $0.12 per share and will vest one-third immediately and one-third on each of the first and second anniversaries of the date of grant and will expire on June 29, 2031. Each DSU entitles the recipient to receive one Common Share upon settlement of the DSU. The DSUs awarded will fully vest on the first anniversary of the date of grant date, being June 29, 2027 and will settle on the DSU holder's termination of service with the Company.

For further information regarding the Plan, readers are encouraged to review the management information circular (the "Circular") prepared for the AGM, which includes a summary of the material terms of the Plan. The Circular is available under the Company's profile on SEDAR+ (www.sedarplus.ca).

About Homeland Uranium Corp.

Homeland Uranium is a mineral exploration company focused on becoming a premier US-focused and resource-bearing uranium explorer and developer. The Company is 100% owner of the Cross Bones and Coyote Basin uranium projects in northwestern Colorado.

For further information, please contact:

Roger Lemaitre
President & Chief Executive Officer
Homeland Uranium Corp.
Tel: 306-713-1401
Email: info@homeland-uranium.com

Investor Relations
Kin Communications Inc.
Tel: 604-684-6730
Email: HLU@kincommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303556

FAQ

What were the results of Homeland Uranium's June 29, 2026 AGM for HLUCF shareholders?

All matters at Homeland Uranium's June 29, 2026 AGM were approved. According to the company, shareholders backed auditor appointment, confirmed the rolling up to 10 Omnibus Equity Incentive Compensation Plan, and elected six directors, including new independent director Bernard Poznanski, for the ensuing year.

How many Homeland Uranium (OTCQB: HLUCF) shares were represented at the 2026 AGM?

Approximately 26.1% of Homeland Uranium's outstanding shares were represented at the 2026 AGM. According to the company, 29,207,960 common shares were present in person or by proxy based on the AGM record date share count.

What is Homeland Uranium's rolling up to 10 Omnibus Equity Incentive Compensation Plan?

The rolling up to 10 Omnibus Equity Incentive Compensation Plan is Homeland Uranium's shareholder-approved equity compensation framework. According to the company, it governs stock-based incentives and remains subject to final TSX Venture Exchange approval, with further details available in the AGM management information circular.

What stock options were granted by Homeland Uranium after the June 2026 AGM?

Homeland Uranium granted 500,000 stock options to a director following the AGM. According to the company, each option allows purchase of one common share at $0.12, vests in three annual tranches, and expires on June 29, 2031, under the approved equity plan.

What are the details of Homeland Uranium's 200,000 DSU grant in June 2026?

Homeland Uranium issued 200,000 deferred share units to a director under its equity plan. According to the company, each DSU converts into one common share, fully vests on June 29, 2027, and settles upon the holder’s termination of service with the company.

Who was elected to the Homeland Uranium board at the 2026 AGM?

Six directors were elected to Homeland Uranium's board for the ensuing year. According to the company, shareholders chose Roger Lemaitre, Eugene McBurney, Mark Christensen, Rob Shewchuck, Andrew Tunks and new independent director Bernard Poznanski, with McBurney re-appointed as chair after the AGM.

What does the Homeland Uranium equity incentive plan approval mean for HLUCF investors?

Approval of the equity incentive plan authorizes continued stock-based compensation at Homeland Uranium. According to the company, this includes grants like the 500,000 options and 200,000 DSUs, aligning director incentives with shareholders, while still pending final TSX Venture Exchange approval.