Lignol Awarded $2.7 Million in Additional Funding from SDTC



    VANCOUVER, Nov. 6 /CNW/ - Lignol Energy Corporation (TSX-V: LEC), a
leading technology company in the cellulosic ethanol and biorefining sector,
today announced that a project led by its wholly-owned subsidiary, Lignol
Innovations Ltd. has been awarded up to $2,749,134 in additional funding
contributions from Sustainable Development Technology Canada ("SDTC"). This
amount is in addition to the $1.7 million previously awarded from SDTC and now
represents an aggregate contribution from SDTC of up to $4,449,134.
    "This funding supports the expanded scope of our current work plan, which
will see the establishment of a new industrial scale pilot plant in the coming
months and will accelerate our efforts to commercialize our technology," said
Ross MacLachlan, President & CEO of Lignol.
    "Next-generation biofuels, made from cellulosic biomass, are the key to
establishing a new bio-based economy in Canada," said Vicky J. Sharpe,
President and CEO of SDTC. "Lignol's innovative technology can provide a key
solution in the need to produce ethanol from low-value feedstocks, while at
the same time reducing the chemical industry's reliance on petroleum. Should
the Lignol project be successful, it will be an important step forward for the
production of cellulosic ethanol in Canada and around the world."
    Success in the early stages of the project and investments by key
stakeholders to date, have enabled Lignol Innovations to scale up the project
to: i) establish preliminary operating conditions across a wide range of
feedstocks, and ii) identify any significant development issues with respect
to various potential, commercial-scale plant configurations. By addressing
these key production and process factors in this stage of development, Lignol
will be better positioned to advance its plant commercialization objectives.

    About SDTC

    Sustainable Development Technology Canada (SDTC) is an arm's-length
foundation which has received $1.05 billion from the Government of Canada as
part of its commitment to create a healthy environment and a high quality of
life for all Canadians. SDTC operates two funds aimed at the development and
demonstration of innovative technological solutions. The $550 million SD Tech
Fund(TM) supports projects that address climate change, air quality, clean
water, and clean soil. The $500 million NextGen Biofuels Fund(TM) supports the
establishment of first-of-kind large demonstration-scale facilities for the
production of next-generation renewable fuels. SDTC operates as a
not-for-profit corporation and has been working with the public and private
sector including industry, academia, non-governmental organizations (NGOs),
the financial community and all levels of government to achieve this mandate.
For more information, please visit www.sdtc.ca.

    About Lignol

    Lignol (TSX-V: LEC) is a Canadian company undertaking the development of
biorefining technologies for the production of fuel-grade ethanol and other
biochemical co-products from cellulosic biomass feedstocks. Lignol's modified
solvent based pre-treatment technology, originally developed by a former
affiliate of General Electric, and then further developed and commercialized
for wood-pulp applications by a subsidiary of Repap Enterprises Inc.,
facilitates the rapid, high-yield conversion of cellulose to ethanol and the
production of value-added biochemical co-products, including High Purity
Lignin (HP-L(TM)). Lignol is executing on its development plan through
strategic partnerships to further develop and integrate the core technologies
on a commercial scale. Lignol also intends to invest in, or otherwise obtain,
equity interests in energy related projects which have synergies with its
biorefining technology. For more information about Lignol, please visit our
website at www.lignol.ca.

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    Caution concerning forward-looking statements:

    Certain statements contained in this document may constitute
"forward-looking statements". When used in this document, the words "may",
"would", "could", "will", "intend", "plan", "anticipate", "believe",
"estimate", "expect", "investigate", "looking at" as they relate to Lignol or
its management, are intended to identify forward-looking statements or
information. Such statements or information reflect Lignol's current views
with respect to future events and are subject to certain risks, uncertainties
and assumptions. Forward-looking statements and information are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. Many factors could
cause Lignol's actual results, performance or achievements to be materially
different from any future results, performance or achievements that may be
expressed or implied by such forward-looking statements or information,
including among other things, those risk factors which are discussed elsewhere
in documents that Lignol files from time to time with securities regulatory
authorities. Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements or information
prove incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, believed, estimated or expected. The
Company expressly disclaims any intention or obligation to update or revise
any forward-looking statements and information whether as a result of new
information, future events or otherwise. All written and oral forward-looking
statements and information attributable to us or persons acting on our behalf
are expressly qualified in their entirety by the foregoing cautionary
statements.





For further information:

For further information: Lignol Energy Corporation: Ross MacLachlan,
President, Tel: (604) 222-9800 ext. 107, Email: info@lignol.ca; The Equicom
Group: Bruce Wigle, Investor Relations, Tel: (416) 815-0700 ext. 228, Email:
bwigle@equicomgroup.com

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Lignol Energy Corporation

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