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July 31 (Reuters) - Rawson Oil And Gas Ltd (RAW) : LAKES OIL IS...

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    July 31 (Reuters) - Rawson Oil And Gas Ltd (RAW) :

    • LAKES OIL IS OFFERING 15 LAKES OIL SHARES FOR EVERY 1 RAWSON SHARE
    • LAKES OIL TO MAKE AN OFF-MARKET TAKEOVER OFFER TO ACQUIRE ALL OF ISSUED SHARES IN RAWSON OIL & GAS LIMITED
    • RAWSON DIRECTORS UNANIMOUSLY RECOMMEND THAT RAWSON SHAREHOLDERS ACCEPT OFFER, IN ABSENCE OF A SUPERIOR PROPOSAL
    • LAKES OIL'S OFFER VALUES RAWSON AT $3.75M
 
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