TSXgroup

March 3, 2008

Homeland Energy Group Ltd. (the "Company") - An application has been granted for the original listing in the Mining category of 161,611,259 common shares of the Company, of which 145,001,117 common shares are issued and outstanding and 16,610,142 common shares are reserved for issuance.

As a result of the completion of the acquisition (the “Acquisition”) of Homeland Energy Corp. (“Homeland”) by Chrysalis Capital IV Corporation (“Chrysalis”), a TSX Venture Exchange listed company (“TSXV”) (Symbol: CIV.P), (i) the common shares of Chrysalis were consolidated on the basis of one new common share of Chrysalis for every two old common shares of Chrysalis held (the “Consolidation”), and (ii) Chrysalis changed its name to Homeland Energy Group Ltd.

Any fraction resulting from the Consolidation will be rounded to the nearest whole number with fractions of one half or greater being rounded to the next higher whole number.

It is understood that (i) Equity Transfer and Trust Company (“Equity”) will be mailing share certificates of the Company to holders of Homeland shares on or before March 5, 2008 and (ii) Letters of Transmittal will be mailed to shareholders of the Company on or about March 6, 2008 (other than those identified in (i) above) requesting them to forward their certificates representing pre-consolidated common shares of Chrysalis to Equity at its principal office in Toronto in exchange for share certificates representing the appropriate number of common shares of the Company.

The common shares of the Company will be listed and posted for trading at the opening on Wednesday, March 5, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

Stock Symbol: "HEG"
CUSIP: 43741Y 10 9
Trading Currency: CDN

Designated Market Maker: W.D. Latimer Co. Ltd.

Other Markets: The common shares of Chrysalis have been listed on TSXV since February 15, 2007 under the stock symbol “CIV.P” and will be delisted from TSXV on March 5, 2008 upon commencement of trading of the common shares of the Company on TSX.

Head Office Address: 401 Bay Street
Suite 2702
P.O. Box 134
Toronto, Ontario M5H 2Y4

Email Address: Stephen.woodhead@homelandcorp.com

Website: www.homelandcorp.com

Head Office Telephone Number: (416) 506-1979

Fax Number: (416) 362-6830

Investors Relations: Naomi Nemeth
Vice President, Investor Relations
Tel: (416) 506-1979
Email: naomi.nemeth@homelandcorp.com

Chief Financial Officer & Corporate Secretary: Stephen Woodhead

Incorporation: Chrysalis was incorporated on October 12, 2006 pursuant to the filing of articles of incorporation under the Canada Business Corporations Act. On February 29, 2008, Chrysalis filed articles of amendment to change its name to Homeland Energy Group Ltd.

Fiscal Year End: December 31

Nature of Business: The Company explores for and develops coal properties in South Africa.

Transfer Agent & Registrar: Equity Transfer & Trust Company at its principal office in Toronto.

Dividends: The Company does not intend to pay dividends in the immediate or foreseeable future.