Lignol Energy Inks New $12.5M Credit Facility with Difference Capital
Lignol Energy Corp. (TSXV: LEC), a Burnaby, British Columbia-based company focused on advanced biofuels and renewable chemicals, has secured a new revolving credit facility of up to $12.5 million from Canadian merchant bank Difference Capital Financial. Prior to the transaction, Difference Capital owned 33.9% of the company. Lignol has stakes in two Australian producers, Australian Renewable Fuels Ltd. and Territory Biofuels Ltd.
16 August 2013•7 mins read
