Price chart & updates, page-37

LKO update from DGR

Investment in Lakes Oil NL
Lakes Oil is in the process of being recapitalised as it prepares for re-quotation on the ASX. As part of this
recapitalisation process, DGR Global has agreed to invest $1 million into LKO Convertible Notes priced at
$0.0009 each, with a coupon rate of 15% per annum, and convertible into fully-paid ordinary shares on a
1:1 basis. The Convertible Note issue is being combined with a royalty arrangement such that for every $1
million invested, the investee is entitled to a 2% royalty on future gas sales from certain Lakes Oil
tenements (pro rata for less or more than $1 million).

Our 29 % stake should be back on the market. Great news for us. Relisting is expected before Xmas. DYOR.