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 NOT FOR DISSEMINATION IN THE UNITED STATES  TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the interim period ending September 30, 2024. A copy of TAG Oil’s financial statements and management discussion and analysis for the interim period ending September 30, 2024, are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website (http://www.tagoil.com/). Financial highlights over the period include that the Company had C$4.4 million (June 30, 2024: C$7.7 million) in cash and cash equivalents and C$2.3 million (June 30, 2024: C$7.3

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to provide the following update on its activities to acquire certain assets in Egypt and the wider Middle East and North Africa (“MENA”) region. TAG Oil is continuing to pursue several acquisition projects in Egypt and explore other strategic opportunities in the MENA area. While significant progress has been made on these efforts by the Company, TAG Oil expects that more time will be required to complete one or more of these acquisitions. Further information on these efforts will be provided by TAG Oil in due course. Toby Pierce, CEO