Homeland Energy Finalizing Extension of Agreement Deadline for Appolo Mines and Diversified Energy
Homeland Energy Group Ltd. is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, Tennessee and Knoxville, Kentucky respectively as the current agreement expires today.
Homeland Energy Group Ltd. is a coal producer with operations 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 is currently negotiating to acquire interests in a number of additional coal properties in eastern South Africa and neighbouring countries as well as in the United States. Homeland is a significant shareholder in Homeland Uranium Inc., a Canadian uranium exploration and development focused on projects in Niger and the United States. Homeland also has an aggressive global acquisition strategy with a focus on energy resources. Homeland Energy Group Ltd. is currently traded on the Toronto Stock Exchange under the symbol “HEG” with 150,270,478 common shares issued and outstanding.