GAS

Lakes subsidiary sells tech stake

A Lakes Oil subsidiary has sold its stake in the former Gawler Gold and Mineral Exploration compa...

A Lakes Oil subsidiary has sold its stake in the former Gawler Gold and Mineral Exploration company, now Australon Ltd, for $1.6 million. Lakes Oil said it sold its stake in Australon because the company operates in the technology industry and not in the oil and gas exploration sector where it specialises.

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