04:00 PM EST - Homeland Energy Group Ltd. : announced that it has issued 31.56 million Homeland common shares at $0.16 to Diversified Energy Inc. today as per the agreement dated January 16, 2009 at the election of Diversified Energy and Appolo Fuels. The issue of these shares satisfies the contractual break fee requirement and signifies the termination of the original asset purchase agreement between Homeland and Appolo. Homeland Energy Group Ltd.
shares T.HEG are trading down $0.025 at $0.20.
