Mr. David Lyall reports
David Lyall has acquired ownership of 462,000 common shares in the capital of Lignol Energy Corp. representing approximately 0.93 per cent of the issuer's issued and outstanding common shares. Following this acquisition, Mr. Lyall owned 2,974,367 common shares and exercised control or direction over an aggregate 2,343,917 common shares for a total of 5,318,284 common shares representing approximately 10.66 per cent of the issuer's issued and outstanding common shares.
The securities were acquired for investment purposes at 12 cents per share through the facilities of the TSX Venture Exchange. Mr. Lyall intends to evaluate these holdings and to increase or decrease the investment as circumstances warrant.