Feb 24 (Reuters) - Crestal Petroleum Ltd CRX.AX :
* Proposed acquisition of first wave technology CRX.AX
* Entered into a binding agreement to acquire first wave technology pty ltd
with the security holders of first wave
* Company proposes to acquire 100% of first wave by the issue of Crestal shares
to first wave shareholders
* Wentworth global capital partners has been appointed as lead manager and
advisor for the acquisition and fundraise
* Co issuing a prospectus to raise at least $5 million by issuing shares at a
price of at least $0.20 per share
* Source text for Eikon