TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) confirms that in accordance with its release dated June 12, 2020, the TSX Venture Exchange (“TSX-V”) has approved the Company’s application to trade on the TSX-V, and that the Company will voluntary de-list its common shares from the Toronto Stock Exchange (“TSX”).
As we announced in our March 16 news release, TAG Oil will be returning C$0.30 per share back to our shareholders on a due bill basis. TAG Oil CEO Toby Pierce wrote the following message to shareholders to explain the process. I have had a number of questions on this,
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