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Lignol provides financial and commercial update
Date:8/5/2014

oration ("LEC")

LEC is an emerging producer of biofuels, biochemicals and renewable materials. The Company is undergoing a transformation from a leading technology developer in the biorefining sector, to that of an owner of commercial biorefining assets. This strategy has leveraged LEC's expertise gained through its experience with the development of its proprietary biorefining technology.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking statements:
Certain statements contained in this document may constitute forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include, without limitation, statements or information about LEC's ability to continue as a going concern, to immediately obtain an injection of cash, and to continue to receive the support of its creditors in order to continue to operate and meet payroll and other basic commitments until a financing can be concluded, to complete one or more commercial transactions that range from the sale or merger of each of the Company's respective holdings, to that of a sale or merger with LEC, to complete discussions with DCF, investment advisors and major shareholders to establish the terms of a financing which it urgently needs to complete, LEC's ability to come to an arrangement with respect to the treatment of the outstanding secured debt with DCF of approximately $13.1 million and the conversion of approximately $400,000 in other debt, (however there can be no assurances that such finance will be forthcoming), LEC's ability to raise capital for the restart of its biodiesel plant located in Darwin, Australia and its ability to attract partners whom are willing to provide equ
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SOURCE Lignol Energy Corporation
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