/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES./
TORONTO, Sept. 7, 2012 /CNW/ - Difference Capital Funding Inc. (TSXV:
DCF) ("DCF") has acquired an additional 2% stake in Lignol Energy
Corporation (TSXV: LEC) ("Lignol"), a leading technology company in the
advanced biofuels and renewable chemicals sector.
On September 6th, 2012, DCF purchased through the TSX Venture Exchange 1,432,500 common
shares ("Common Shares") of Lignol at an average price of $0.1049 per
Common Share. On September 7th, 2012, DCF purchased an additional 561,000 Common Shares through the
TSX Venture Exchange at an average price of $0.1185 per Common Share.
The Common Shares acquired by DCF represent an aggregate of
approximately 2% of the current issued and outstanding Common Shares of
Lignol (the "Transaction").
Immediately following the completion of the Transaction, DCF owned and
controlled 14,493,500 Common Shares, representing approximately 14.55%
of the issued and outstanding Common Shares of Lignol.
The Transaction was made through the facilities of the TSX Venture
Exchange. DCF acquired the Lignol shares for investment purposes
only. However, DCF may in the future take such actions in respect of
its holdings as deemed appropriate in light of the circumstances then
existing, including the purchase of additional shares or other
securities of Lignol through open market purchases or privately
negotiated transactions, or the sale of all or a portion of his
holdings in the open market or in privately negotiated transactions to
one or more purchasers.
DCF's head office is located at 130 King Street West, Suite 2950,
Toronto, Ontario M5X 1C7.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
has in any way passed upon the merits of the proposed transactions and
neither of the foregoing entities has approved or disapproved of the
contents of this press release.
SOURCE: Difference Capital Funding Inc.
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