HOUSTON, TEXAS--(Marketwire - Sept. 20, 2012) - On dates commencing on August 28, 2012 and concluding on September 11, 2012, JVL Advisors, LLC ("JVL") 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 3,389,100 common shares ("Common Shares") in the capital Lynden Energy Corp. ("Lynden") which increased their aggregate holdings of Lynden to 10,532,100 Common Shares, representing approximately 9.6% of the issued and outstanding Common Shares. The funds also hold common share purchase warrants ("Warrants") entitling them to purchase an additional 3,571,500 Common Shares, which would bring their ownership of Common Shares to 14,103,600, representing 12.43% of the issued and outstanding Common Shares, once the Warrants held by the funds are exercised and assuming that no other convertible securities of the Company are exercised. The funds controlled by JVL and/or Mr. Lovoi are Navitas Fund, LP, Luxiver, LP and Asklepios Energy Fund, LP.
The address of JVL and Mr. Lovoi is:
10000 Memorial Dr., Suite 550
Houston, Texas 77024
For additional information or for a copy of JVL and Mr. Lovoi's early warning report please contact Derek Michaelis.