Mr. Ajay Gupta reports

HOMELAND ENERGY GROUP LTD. ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS AND OFFICERS

Homeland Energy Group Ltd. has appointed Manfred Leventhal, Neeraj Mehta, Srikant Nayak and Ajay Gupta to its board of directors.

The existing independent directors Edwin Lee, Neena Gupta and Michael Garvey have resigned from the Homeland board of directors. The company would like to thank Mr. Lee, Neena Gupta and Mr. Garvey, for all their efforts during their tenure with the company and wish them all the best moving forward.

The board of directors has appointed Ajay Gupta as chairman and chief executive officer to fill the vacancy created by the resignation of Mr. Shah last month. Ajay Gupta resigned as chief financial officer, and Murtaza Dean has been appointed as chief financial officer by the board.

The board also appointed Jo-Anne Archibald as corporate secretary, replacing Kathleen Skerrett, who resigned as corporate secretary. Ms. Archibald has over 30 years of corporate secretarial, investor relations and marketing experience and is currently the president of DSA Corporate Services Inc., a leading Canadian provider of corporate secretarial services for reporting issuers.

We seek Safe Harbor.