Homeland Energy:Delay in Filing of Audited Financial Statements

Homeland Energy Group Ltd. (TSX:HEG) reported that there may be a delay in the filing of its audited financial statements, MD&A and AIF for the year ended December 31, 2009 which would otherwise be due to be filed on or before March 31, 2010 pursuant to relevant securities laws.

The press release is quoted as saying:

The Company intends to work diligently to file the Financial Disclosure by March 31, 2010, but to be prudent in the circumstances, the Company decided to apply for a Management Cease Trade Order (“MCTO”) under National Policy 12-203 (the “Policy”) pending the filing of the Financial Disclosure on SEDAR. The Company is confident that if the Financial Disclosure cannot be made by March 31, 2010, it will be filed by no later than April 23, 2010.

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