Publication Name: PESA News
Publication Issue: 122
Date Published: February 2013
Number of Pages: 1
Abstract:
Lakes Oil has watched its share price soar 130% since mining magnate Gina Rinehart threw the embattled Australian explorer a lifeline, securing a diluted 18.6% stake in the company in buying $4.25 MM of unsecured notes as part of an extended capital raising.