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LAKES BLUE ENERGY NL — Capital/Financing Update 2012
Dec 19, 2012
65241_rns_2012-12-19_1f3366a0-a76f-41fe-a08a-aa81180104c2.pdf
Capital/Financing Update
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A.C.N. 004 247 214
Lakes Oil N.L.
ASX Announcement And Media Release 20 December 2012
Registered Office: Level14, 500 Collins Street Melbourne Vic 3000 Ph: +61 3 9629 1566
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LAKES OIL NL RESULTS OF
CONVERTING NOTE ISSUE
Lakes Oil NL advises that it has raised $2.29 Million from its nonrenounceable rights issue of listed unsecured converting notes at $10 each as announced on 23 October 2012.
A shortfall of $4.91 Million exists which the directors have reserved the right to place at their discretion during the 3 month period following the close of the offer.
The Notes will be issued on 21 December 2012 with holding statements to be despatched on 27 December 2012. The Notes will commence trading on ASX on 28 December 2012.
Lakes Oil N.L.
ROBERT J. ANNELLS
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Chairman Mob: 0416 130 740 | Ph: (03) 9629 1566