Lignol Energy Corporation announces earnings results for the fourth quarter ended April 30, 2013. For the quarter, the company reported a net loss of CAD 1.6 million, or CAD 0.01 per basic and fully diluted share compared to a net loss of CAD 0.4 million or CAD 0.02 per basic and fully diluted share for the three month period ended April 30, 2012. The CAD 1.2 million increase in the net loss for the current period was due to an increase in research and development expenses of CAD 0.2 million, increased operating costs of CAD 1.3 million arising from increased professional, strategic advisory, and legal fees related to the various financings and acquisition transactions and related costs, a decrease in government and corporate contributions of CAD 0.2 million, offset by the other gain of CAD 0.5 million.