TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) has conducted a detailed evaluation of the overall business environment and opportunities for the Company to create long-term value for its shareholders following the New Zealand asset sale. TAG’s Board and management have determined that a return of capital to its shareholders in
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to provide the following corporate update. TAG’s current cash balance stands at ~C$41 million following a royalty payment of ~C$0.25 million for the quarter ended December 31, 2019. TAG holds a 2.5% gross overriding royalty on all future production from
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report its second quarter results for the interim period ending September 30, 2019, which includes completing the sale of TAG’s New Zealand assets (the “Transaction”).TAG is well positioned and is continuing to look at all available options in oil
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to provide this corporate update following closing of the sale of its New Zealand assets (the “Transaction”). Post the closing of the Transaction and certain adjustments for working capital, TAG has been significantly repositioned with a cash balance of ~C$41
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2019 annual general meeting of shareholders (the “Meeting”) held in Vancouver, B.C. on September 26, 2019. All seven of the nominees listed in TAG’s management information circular dated August 26, 2019 that were proposed
TAG Oil Ltd. (TSX: TAO, OTCQX: TAOIF) is pleased to announce that it has closed its previously announced sale of substantially all of its New Zealand assets to Tamarind Resources Pte. Ltd. (the “Transaction”). Following closing of the Transaction, TAG has ~US$30 million in cash and will continue to have