JVL acquires 1.6 millions shares of Lynden Energy!

JVL Advisors acquired an additional 1.6 million shares of Lynden Energy today (click here).  They now hold 20,716,000 shares.  Together with their 3,571,500 warrants, their ownership would represent 21.29%.  They have now taken their ownership above the 20% level with the purchase pursuant to the private issuer exemption.