Maple Leaf's Personnel Visits U.S. Group's Ethanol Production Pilot Project
and Updates Potential Loan Arrangements

 (TSX-V: MPE)

 Last Close: November 5, 2010 - $0.115                          

 Shares Issued: 72,458,502

CALGARY, Nov. 8 /CNW/ - Maple Leaf Reforestation Inc. (TSX-V: MPE) (the "Company" or "Maple Leaf") is pleased to announce that further to its news release dated October 13, 2010, Mr. Perry Lee, the Company's V.P. of Bio-fuel and Waste Oil Project Development has departed today for Florida, where he will spend 4 days visiting with the U.S. Group's personnel, observing its pilot project and learning more about the U.S. Group's patented ethanol production technology, which Maple Leaf has an exclusive right to market in China on behalf of the Group.

Raymond Lai, Maple Leaf's President & C.E.O comments, "While I was recently in China visiting our operations I was able to make some very significant connections with personnel of major companies that are potential end users of the U.S. Group's patented ethanol production technology. We are very excited to learn more about the U.S. Group's technology so that we can appropriately inform potential end users of the process and its benefits while undertaking marketing efforts." 

Update on Potential Loans

Maple Leaf would also to provide an update on the potential loans that it has been pursuing:

• Further to its news releases dated June 1, 2010 and October 5, 2010, Maple Leaf continues to be in discussions with APEC Logic Investments Pty Limited (http://www.apecgroup.org/) ("APEC") in an attempt to meet the loan conditions for the conditional $20 million loan offer that it received from APEC.
• Further to its news release dated October 5, 2010, a representative of the Winnipeg, Manitoba based financing group recently visited Maple Leaf's operations in China with the Company's President & C.E.O. The feedback from the group's personnel has been extremely positive. Maple Leaf has provided the group with all of the requested due diligence information and is now awaiting a final response with respect to the proposed 5 year, $6 million loan for the expansion of its Inner Mongolia greenhouse operation.
• Maple Leaf cannot say with certainty whether it will or will not receive either of the above loans, however it continues to work closely with the potential lenders and anticipates that it will be known by the end of the calendar year whether both or either of the loans will be obtained.

About Maple Leaf Reforestation Inc. 

Maple Leaf is a Canadian company operating five environmental related projects in China:

1. a large-scale forest nursery in Inner Mongolia which is focused on growing value-added tree seedlings and nursery products;
2. an alfalfa feedstock operation that produced 10,000 tons in 2009 with great expansion potential and opportunity to build an alfalfa crop cake processing plant;
3. a multi-faceted Xinjiang Yellowhorn tree project which will provide for the manufacture of bio-diesel fuel and cooking oil and complement the fabrication of the ever demanding nutritious alfalfa feedstock; and
4. an organic fertilizer plant in the Hunan Province which will produce environmentally friendly bio-organic fertilizer.

Maple Leaf is a wholly-owned foreign enterprise which allows the Company to control 100% of the direction and operations of the company in China while permitting the cash generated from operations in China to flow back to Canada. 

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements in this news release including (i) statements that may contain words such as "anticipate", "could", "expect", "seek", "may" "intend", "will", "believe", "should", "project", "forecast", "plan" and similar expressions, including the negatives thereof, (ii) statements that are based on current expectations and estimates about the markets in which Maple Leaf operates and (iii) statements of belief, intentions and expectations about developments, results and events that will or may occur in the future, constitute "forward-looking statements" and are based on certain assumptions and analysis made by Maple Leaf. Forward-looking statements in this news release include, but are not limited to, statements with respect to future capital expenditures, including the amount, nature and timing thereof; other development trends within the China's seedling industry; business strategy; expansion and growth of Maple Leaf's business and operations and other such matters. Such forward-looking statements are subject to important risks and uncertainties, which are difficult to predict and that may affect Maple Leaf's operations, including, but are not limited to: the impact of general economic conditions; industry conditions; government and regulatory developments; seedling product supply and demand; competition; and Maple Leaf's ability to attract and retain qualified personnel. Maple Leaf's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of  them do transpire or occur, what benefits Maple Leaf will derive there from.

Maple Leaf maintains a forward-looking statement database which is reviewed by management on a regular basis to ensure that no material change has occurred with respect to such forecasts.  The Company will publicly disclose such material changes to its forward-looking statements as soon as they are known to management.

For further information:

Visit www.mlreforestation.com or contact:

Maple Leaf Reforestation Inc.
Raymond Lai, Chairman, President & CEO
Tel: [phone]
Fax: [phone]
E-mail: [email protected]