Mr. Derek Michaelis of JVL Advisors reports
JVL ADVISORS LLC ACQUIRES ADDITIONAL COMMON SHARES OF LYNDEN ENERGY CORP.
From Nov. 7, 2012, through Dec. 17, 2012, JVL Advisors LLC, in conjunction with its principal owner, John V. Lovoi, and through funds controlled by one or both of JVL or Mr. Lovoi, acquired an additional 5,914,000 common shares in the capital Lynden Energy Corp., which increased their aggregate holdings of Lynden to 19,066,100 common shares, representing approximately 15.42 per cent of the issued and outstanding common shares. The funds also hold common share purchase warrants entitling them to purchase an additional 3,571,500 common shares, which would bring their ownership of common shares to 22,637,600, which would represent 19.96 per cent of the issued and outstanding common shares, assuming that the warrants held by the funds are exercised and also assuming that no other convertible securities of Lynden are exercised. The funds controlled by JVL and/or Mr. Lovoi are Navitas Fund LP, Luxiver LP, Asklepios Energy Fund LP and Hephaestus Energy Fund LP.
The address of JVL and Mr. Lovoi is 10000 Memorial Dr., Suite 550, Houston, Tex., 77024.
For additional information or for a copy of JVL and Mr. Lovoi's early warning report, please contact Derek Michaelis at JVL at the address above or at 713-579-2617.
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