Homeland Receives Rand 150-Million Debt Finance Facility Approval from Nedbank Capital for its South African Subsidiary

Homeland Energy Group Ltd. announce that Nedbank Capital, the Investment Banking division of Nedbank Limited, one of South Africa’s largest banks, has approved a Debt Finance Facility for Homeland’s Kendal Colliery. Following a thorough due diligence and review of Homeland’s Kendal Colliery, Nedbank Capital has approved the 5 and a half -year facility, which is equal to approximately...