Homeland Energy Group Reports Filing of Technical Reports
TORONTO, CANADA -- (Marketwire) -- 05/27/11 -- Homeland Energy Group Ltd. (TSX: HEG) ('Homeland' or the 'Company') wishes to report that it has filed the two National Instrument 43-101 compliant technical reports required to support the disclosure in its press release dated April 1, 2011. The reports are entitled 'Kendal Colliery NI 43-101 Technical Report' dated May 2011 and prepared by SRK Consulting and 'Independent Geological Report on the Eloff Project Coal development, Exploration and Resources' dated March 31, 2011 and prepared by Caracle Creek International Consulting Coal (PTY) Limited. Both reports have been filed with SEDAR (www.sedar.com) and can be viewed on the Company's website at www.homelandenergygroup.ca.
Homeland Energy Group Ltd. (TSX: HEG) is a coal producer with operations in the Witbank area of South Africa. The company also has a large-scale development property in South Africa and exploration interests in Southern Africa. Homeland will continue to seek out interests in additional coal projects in South Africa and neighbouring countries as well as internationally. Homeland is a shareholder in Homeland Uranium Inc., a Canadian uranium exploration company focused on projects in Niger and the United States. Homeland Energy Group Ltd. is currently traded on the Toronto Stock Exchange under the symbol 'HEG' with 302,115,756 common shares issued and outstanding. www.homelandenergygroup.com.
Contacts:
Homeland Energy Group Ltd.
Ajay Gupta
Chief Financial Officer
1 416 506-1979
info@homelandenergygroup.com
www.homelandenergygroup.com