TAG Oil Provides Corporate Update
TAG Oil Ltd. (TSXV: TAO and OTCQX: TAOIF) is pleased to provide the following corporate update: Further to TAG’s release dated June 29, 2020, the Company expects that its annual filings for the fiscal year ending March 31, 2020 will be filed on or around August 13, 2020. TAG’s current cash balance stands at ~C$15 million, with working capital at ~C$14.8 million. TAG has received a total of C$0.45 million in royalty payments from Tamarind Resources Pte. Ltd. (“Tamarind”), which will increase by C$132,000 upon receipt of the next completed quarterly payment for the period ended June 30, 2020. Future