SOURCE: Homeland Resources Ltd.

May 22, 2013 08:00 ET

Homeland Resources Updates Oklahoma Tornado Situation for Shareholders

ALBUQUERQUE, NM--(Marketwired - May 22, 2013) - Homeland Resources Ltd. (OTCQB: HMLA), an emerging oil and gas exploration and production company, for the purposes of keeping its shareholders updated, would like to confirm that drilling operations at its Liberty Ridge Project continue and have not been affected by the unfortunate tornado crisis in the State of Oklahoma.

The Company would like extend condolences to those individuals and families that have suffered losses, or have been in any way affected by the tornadoes.

For more information about Homeland Resources including their oil and gas projects, visit www.homelandresources.com. Stay current on all available information regarding Homeland and the energy sector by connecting with them on their social platforms:

About Homeland Resources

Homeland Resources Ltd. (OTCQB: HMLA) is a performance-driven exploration and production company focused on developing relatively low-risk North American natural gas reserves. Homeland's current focus is on the continued exploration and development of their property portfolio comprised of working interests in the Smoky Hill Project (5% interest) and the Liberty Ridge Project (5% interest) in Oklahoma. Homeland Resources is also seeking to expand their portfolio to include additional interests in North America.

For more information on HMLA, please visit www.homelandresources.com.

Notice Regarding Forward-Looking Statements: Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. The Company has no official gas or oil reserves at this time and may not have sufficient funding to thoroughly explore, drill or develop its properties. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.

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