Homeland Energy to Purchase US-Based Appolo Fuels and Diversified Energy for US$105-Million

August 27, 2008 Filed Under: Coal Mining, Mining Stocks  

Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, respectively. The total purchase...