June 1 (Reuters) - Armour Energy Ltd AJQ.AX :
* AGREEMENT REACHED WITH OILEX TO DEFER DATE FOR SATISFACTION OF CONDITIONS PRECEDENT UNDER TERM SHEET TO 5 JUNE
* SHOULD ACQUISITION PROCEED, CO WILL APPOINT BRAD LINGO TO POSITION OF CEO OF CO
June 1 (Reuters) - Armour Energy Ltd AJQ.AX :
* AGREEMENT REACHED WITH OILEX TO DEFER DATE FOR SATISFACTION OF CONDITIONS PRECEDENT UNDER TERM SHEET TO 5 JUNE
* SHOULD ACQUISITION PROCEED, CO WILL APPOINT BRAD LINGO TO POSITION OF CEO OF CO