July 23 (Reuters) - Antilles Oil and Gas NL AVD.AX :
* CO EXERCISED AN OPTION TO ACQUIRE HOMESTAY
* AS PART OF DEAL, CO PROPOSES TO COMPLETE CAPITAL RAISING OF BETWEEN $3 MILLION AND $4 MILLION AT $0.02 PER SHARE
July 23 (Reuters) - Antilles Oil and Gas NL AVD.AX :
* CO EXERCISED AN OPTION TO ACQUIRE HOMESTAY
* AS PART OF DEAL, CO PROPOSES TO COMPLETE CAPITAL RAISING OF BETWEEN $3 MILLION AND $4 MILLION AT $0.02 PER SHARE