Nov 28 (Reuters) - Lakes Oil Nl (LKO) -
- Acquisition of Navgas
- Consideration for purchase will be issue to vendors of 9.6 billion shares in company
- Company has entered into a conditional underwriting agreement with DGR Global Limited
- DGR will provide a $1.5 million underwriting for a capital raising by rights issue of shares in the company
- Underwriting agreement to provide funds for ongoing company activities, including exploration of Navgas Acreage