TAG Oil Announces Closing of Public Offering to Strategically Advance Unconventional and Conventional Opportunities in Egypt
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 announce the closing of its public offering (the “Offering”) of units of the Company (the “Units”) at a price of $0.17 per Unit for aggregate gross proceeds of $6,815,963. The Offering was led by Research Capital Corporation as the lead agentand sole bookrunner, on behalf of a syndicate of agents, including Beacon Securities Limited, Canaccord Genuity Corp., Haywood Securities Inc., Ventum Financial Corp., and Tennyson Securities (collectively, the “Agents”). Each Unit is comprised of one