Lignol Awarded additional $4.1 million in grants from the Government Of Alberta to develop cellulosic ethanol



    VANCOUVER, Nov. 13 /CNW/ - Lignol Energy Corporation (TSX-V: LEC) today
announced that its wholly-owned subsidiary, Lignol Innovations Ltd.
("Lignol"), has been awarded additional grants of up to $4.1 million from the
Alberta Government to support the ongoing development and commercialization of
its unique process technology for the conversion of cellulosic biomass into
ethanol and other biochemicals.
    This grant is in addition to the previously announced grant of up to
$870,000, that Lignol was awarded from the Government of Alberta in May 2007.
Both grants are part of the government's Biorefining Commercialization and
Market Development Program. The Alberta Government grants will be received in
stages and are conditional upon the completion of certain agreed upon work
plans.
    "The funding we are receiving from the Government of Alberta will support
the expansion of our current work plan and accelerate our progress towards
commercialization," said Ross MacLachlan, President and CEO of Lignol. "This
award is further proof of the continued interest in our technology platform
and its potential to help the government reach its ambitious goals of reducing
greenhouse gas emissions and supporting the production of cellulosic ethanol
for blending with gasoline."

    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.

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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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