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Dec 19 (Reuters) - Lakes Oil NL (LKO) : LAUNCHED ENTITLEMENT...

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    19/12/18
    09:25
    Post #: 36901843

    Dec 19 (Reuters) - Lakes Oil NL (LKO) :

    • LAUNCHED ENTITLEMENT ISSUE OF ONE ORDINARY SHARE FOR EACH FIVE SHARES HELD BY ELIGIBLE SECURITYHOLDERS TO RAISE UP TO $6.13 MILLION
    • PROCEEDS OF ENTITLEMENT TO BE USED TO UNDERTAKE EXPLORATION, DRILLING & TESTING ACTIVITY IN ONSHORE OTWAY BASIN IN SOUTH AUSTRALIA
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