Lignol Energy Corporation announced unaudited consolidated earnings results for the first quarter ended July 31, 2013. For the period, the company reported operating loss of CAD 0.98 million compared to CAD 0.96 million for the comparable quarter last year. Comprehensive profit was CAD 3.96 million as a result of a CAD 4.08 million increase in the market value of its investment in ARW and a non-cash foreign exchange gain of CAD 1.7 million arising from the consolidation of TBF.