HOMELAND ENERGY CORP

profile Homeland Energy Group Ltd. (NEX:HEG.H) was focused on coal production from existing South African mines, resource development in South Africa, energy exploration in southern Africa and strategic acquisitions of properties and projects that support continued growth of Homelands energy resources and reserves. Homeland's Kendal Coal Mine began production in July 2008 and will continue ramping up to full production of 1.8 million tonnes per year into early 2009. Homeland's Eloff Mining Pr... oject, with a resource estimate of 250 million tonnes (Measured and Indicated) and 210 million tonnes (Inferred) of coal is currently in the development stage with first production anticipated in 2011. The Company complied fully with the Black Economic Empowerment requirements of the South African Minerals and Petroleum Resources Development Act through shareholdings by a number of companies owned by historically disadvantaged South Africans in each of the project companies. Homeland Energy Group Ltd. is traded on the TSX Venture Exchange "NEX" under the symbol HEG.H following a reverse take-over by capital pool company, Chrysalis Capital Corporation IV in March 2008.More