News: AWE AWE Ltd responds to further Dawney notice

July 6 (Reuters) - AWE Ltd (AWE)

• AWE response to further Dawney notice-awe.ax
• "ASIC has advised AWE it continues to have concerns in relation to further proposal"
• AWE believes that shareholders should ignore further proposal set out in 'offer document' from dawney
• "Dawney has now withdrawn previous proposal"
• Refers to its announcement on receipt of a further proposal from Dawney & Co
• AWE notes that the further proposal from Dawney is not an 'offer' to acquire shares in AWE
• Dawney proposes that AWE shareholders grant Dawney call option, pursuant to which holder of option can acquire their shares for a$0.56 per share