Homeland Energy Corp. (Homeland), formerly Chrysalis Capital IV Corporation, is a development-stage company engaged in the acquisition, exploration and development of energy-related resource properties in southern Africa. Homeland owns or has submitted applications for three advanced development/pre-development stage coal projects in South Africa and, through local subsidiary companies, has received prospecting rights for eight earlier-stage exploration properties in the Witbank, Middelburg and Carolina areas. Homeland also has an interest in Homeland Uranium Inc., a Canada-based company involved in the exploration and development of Uranium projects in Niger and the United States. In February 2008, Homeland acquired a 15.6% interest in Altona Resources Plc (Altona) from third parties. Altona owns a coal asset in Australia. On February 29, 2008, the Company completed a reverse takeover of Chrysalis Capital IV Corporation.(Source: ARS)
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