Furthermore, from our own LNY director - Laneway Resources...

Furthermore, from our own LNY director -

Laneway Resources Limited (Laneway) undertakes to the Panel that the commencement date for renounceable rights trading and the record date in relation to the 16 for 1 rights issue announced by Laneway on 6 June 2013 will not occur until after the earlier of:

1. the Panel deciding not to conduct proceedings in relation to this matter and
2. if the Panel decides to conduct proceedings, the determination of those proceedings.

Laneway agrees to confirm in writing to the Panel when it has satisfied its obligations under this undertaking.
Signed by Richard Anthon, Director of Laneway Resources Limited
with the authority, and on behalf, of
Laneway Resources Limited
Dated 12 June 2013