Homeland Precious Metals Corp. Proceeds With Share Consolidation

VANCOUVER, BRITISH COLUMBIA, Jun 10 (MARKET WIRE) --
Homeland Precious Metals Corp. ("Homeland") (OTCBB: HPMFF) is pleased to
announce that it intends to proceed with the consolidation of its
outstanding Class "A" Voting Shares on the basis of one new share for
each 100 existing shares (the "Consolidation"). The Consolidation was
approved by shareholders at Homeland's annual general meeting held on
March 27, 2009.

The Consolidation became effective on May 12, 2009.

Prior to the Consolidation, Homeland has 14,989,800 Class "A" Voting
Shares issued and outstanding. As a result of the Consolidation, Homeland
will have approximately 149,900 Class "A" Voting Shares issued and
outstanding, although the exact number could vary as the result of the
cancellation of fractional shares arising when the holdings of individual
holders are consolidated.

Homeland will be sending a letter of transmittal to each of its
registered shareholders which will indicate the procedure to follow to
exchange their existing share certificates for new post-consolidation
share certificates. Registered shareholders should carefully review and
follow the procedures described in the letter of transmittal to ensure
they receive their share certificates in a timely manner. Shareholders
whose shares are held through a broker or other market intermediary do
not need to complete a letter of transmittal and should contact such
broker or market intermediary if they have any questions.

Disclaimer: This announcement may contain forward-looking statements that
involve risks and uncertainties. Please visit our website at
www.homelandpreciousmetals.com to read our complete disclaimer or view
the Homeland Precious Metals Corp. filings with the Securities and
Exchange Commission which may be accessed through the SEC's web site at
http://www.sec.gov.

Contacts:
Homeland Precious Metals Corp.
Investor Relations
(775) 770-0871
investorhelp@hpmef.com
www.homelandpreciousmetals.com

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