Homeland Uranium Inc. announced a non-brokered private placement of 100,000,000 units at a price of CAD 0.005 per unit for gross proceeds of CAD 500,000 on February 26, 2013. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one common share at a price of CAD 0.01 per share for a period of two years from closing. The transaction will include participation from existing investor St Peter Port Capital Limited, a fund managed by St Peter Port Investment Management Ltd.

On the same day the company issued 80,000,000 units for gross proceeds of CAD 400,000 in its first tranche. St Peter Port Capital Limited purchased 50,000,000 units. The completion of a second tranche may occur by March 31, 2013. No finder's fees were paid in conjunction with first tranche.

In February 2013, Homeland Uranium Inc. closed the transaction. The company issued 85,000,000 units for gross proceed sof CAD 425,000 in the transaction.