Random thoughts., page-103

Hi PB

Please add the following to your calcs: (How do we pay for $800K???, we need a bit more opt/conv)



Further to its ASX announcement dated 22 March 2017, Lakes Oil N.L. (Lakes Oil
or Company ASX: LKO) advises that it has now completed the issue and allotment
of 341,934,880 fully paid ordinary shares applied for under its non-renounceable
entitlement issue (Entitlement Issue) offer raising $683,869,76.
There are currently 22,012,162,399 shares on issue. The Company intends to issue
and allot the underwriter, DGR Global Limited 408,065,120 fully paid ordinary shares
upon receipt of application monies for the balance of the $1.5 million underwritten
amount.
A current statement setting out the names of the 20 largest shareholders of fully paid
ordinary shares and the percentage held by each is attached.


Rank Name Address Units % of Units
1. DARK HORSE RESOURCES LIMITED 9,278,407,344 42.15
2. TIMEVIEW ENTERPRISES PTY LTD 2,380,000,000 10.81
3. ARMOUR ENERGY LTD 2,125,000,000 9.65
4. PETER BUBENDORFER

FAMILY A/C> 199,081,164 0.90
5. DOUGLAS WILLIAM HAYNES 122,511,492 0.56
6. MR ROLAND KINGSBURY SLEEMAN 73,746,965 0.34
7. MR PETER JOHN BELLGROVE FAM S/F A/C> 53,930,848 0.25
8. MR ALBERT EDWARD BENNETTS 50,000,000 0.23
9. JBWERE (NZ) NOMINEES LIMITED <43941 A/C> 37,735,901 0.17
10. MR DAVID CORLEY 37,506,000 0.17
11. PBL INVESTMENTS PTY LTD LAWRENCE S/F A/C> 37,158,103 0.17
12. MR STEPHEN KASA 35,000,000 0.16
13. DUNLUCE SUPERFUND PTY LIMITED PRIVATE S/F A/C> 34,453,056 0.16
14. T PENNY SUPERANNAUTION FUND PTY LTD PENNY SUPER FUND A/C> 32,753,924 0.15
15. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 32,500,694 0.15
LAKES OIL N.L. ORDINARY FULLY PAID SHARES As of 24 Mar 2017
Top Holders Snapshot - Ungrouped Composition : FP
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Rank Name Address Units % of Units
16. MR DONALD GEORGE ROBERTS SUPERFUND A/C> 32,000,130 0.15
17. MAREW ENTERPRISES PTY LTD A/C> 31,662,000 0.14
18. MR IAN ROBERT VEITCH 30,000,008 0.14
19. MR ANDREW WILLIAM ARBON + MRS SUZANNE
RUTH ARBON 28,333,500 0.13
20. J P MORGAN NOMINEES AUSTRALIA LIMITED 27,648,657 0.13
Totals: Top 20 holders of ORDINARY FULLY PAID SHARES 14,679,429,786 66.69
Total Remaining Holders Balance 7,332,732,613 33.31
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