LGX Oil + Gas Inc ROAOF

RE: RE: Equity fee

[Resilience]

- Normally this needs to pass through Share Holders, otherwise it needs an exemption from the TSX - they haven't given any as of yet

- Furthermore there is a clause that they need to sell 'substantially' all of OIL's assets, so there's a loophole there
(just read the NR about it, I have posted excerpts earlier)

However the first one is stronger.

- Might they get the equity fee then RBS benefits from highest possible sale too

R.