TAG Oil Announces Closing of $11.5 Million Offering, Including Full Exercise of the Over-Allotment Option, to Advance Unconventional Development Activities on its Large Oil-In-Place Resource Play at BED-1 and SERQ Concessions, Egypt
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TAG Oil Ltd. (TSXV: TAO, OTCQB: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to announce that it has closed its previously announced brokered, best-efforts offering of units of