Latest Homeland Energy Grp (HMDEF) Headlines
Post# of 5
Amendment from Source: Homeland Energy Group Announces Transfer to the NEX Board of the TSX Venture Exchange
Marketwire - Mon Jun 10, 6:04PM CDT
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") announces that the common shares of the Company has been delisted on TSX after market close on June 10, 2013 and resume its trading activity on the NEX (TSX VENTURE: HEG.H) effective on Wednesday, June 12, 2013.
Homeland Energy Group Announces Transfer to the NEX Board of the TSX Venture Exchange
Marketwire - Mon Jun 10, 3:31PM CDT
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") announces that the common shares of the Company will be delisted on TSX and resume its trading activity on the NEX (NEX: HEG.H) effective on Tuesday, June 11, 2013.
Homeland Energy Group Announces Delisting From the Toronto Stock Exchange
Marketwire - Fri May 10, 3:06PM CDT
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") announces that the Toronto Stock Exchange ("TSX") has determined to delist the common shares of Homeland at the close of market on June 10, 2013 for failure to meet the continued listing requirements of the TSX. As previously disclosed, the Company does not currently have an active business.
Homeland Energy Group Announces Agreement for Sale of Kendal Property and Late Filing of Financial Statements
Marketwire - Thu Mar 28, 6:04AM CDT
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") wishes to announce that it has entered into heads of agreement (the "HOA") with Joe Singh Group of Companies (Pty) Ltd. (the "Purchaser") pursuant to which the Purchaser will acquire a 100% interest in the Kendal Colliery, including the wash plant and all mining rights, through the purchase of all of the issued and outstanding common shares of Ferret Coal (Kendal)(Pty)(Ltd.). The total purchase price for the assets is ZAR235 million (approximately $25.7 million). ZAR110 million of this amount has been advanced. A further ZAR55 million is payable on May 31, 2013 and the balance of ZAR70 million will be paid on receipt of final approvals from applicable regulatory approvals in South Africa. As part of this transaction, African Spirit Trading 307 (Pty) Ltd., Homeland's current BEE partner at Kendal, has agreed to sell its 26% interest in Kendal to Homeland for transfer to the Purchaser in consideration for the forgiveness of all loans owed to
Homeland Energy Group Announces Sale of Eloff Property
Marketwire - Tue Mar 26, 7:22AM CDT
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") wishes to announce that it has entered into an agreement dated March 25, 2013 to dispose of its 50% interest in the Eloff Property, through the sale of shares of Tshedza Mining Resource (Pty) Ltd., in consideration for the payment of ZAR110 million (approximately $12 million). The purchaser of Homeland's interest in the Eloff Property is the Company's current BEE partner, which already holds a 50% interest in the property. An initial payment of ZAR70 million has been made with the balance being paid upon receipt of the required regulatory approvals in South Africa. The transaction has been approved by the board of directors of the Company. Funds will be used to reduce the principal amount of the bank loan to ICICI Bank and for general working capital.
Homeland Energy Group Provides Operations Update
Marketwire - Wed Feb 27, 7:09AM CST
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") wishes to advise that, further to its press releases dated November 5, 2012 and January 3, 2013 mining operations at Kendal will not be resumed until further notice.
TSX Delisting Review - Homeland Energy Group Ltd. (Symbol: HEG)
CNW Group - Thu Jan 10, 7:45AM CST
DELISTING REVIEW Homeland Energy Group Ltd. (the "Company") - TSX is reviewing the Common Shares (Symbol: HEG) of the Company with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
Homeland Energy Group Ltd. Notice of Change of Auditor
Marketwire - Fri Dec 28, 3:02PM CST
Homeland Energy Group Ltd. (TSX: HEG) ("Homeland" or the "Company") wishes to announce that effective December 20, 2012, the board of directors of Homeland has appointed Zeifmans LLP as the Company's new auditors, replacing MNP LLP ("MNP").