VANCOUVER, BC, Aug. 28, 2020 /CNW/ –  TAG Oil Ltd. (TSXV: TAO) and (OTCQX: TAOIF) is pleased to report the filing of its first quarter results for the interim period ending June 30, 2020. Highlights over the period include:

VANCOUVER, BC, Aug. 13, 2020 /CNW/ – TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) is pleased to report the filing of its annual and fourth quarter results for the fiscal year ending March 31, 2020 and to provide the following corporate update:

VANCOUVER, BC, June 15, 2020 /CNW/ – TAG Oil Ltd. (TSX: TAO) (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”). TAG’s common shares will continue to trade on the TSX until the close of trading on June 26, 2020. At the opening of the market on June 29, 2020, TAG’s common shares will be listed for trading on the TSX-V. … Continue Reading

VANCOUVER, March 16, 2020 /CNW/ – 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 the amount of C$0.30 per common share (~C$25.6 million in cash), in accordance with Canadian income tax law, is in the best interest of shareholders.

The return of capital is scheduled to be paid on April 14, 2020 (payment date) to … Continue Reading

VANCOUVER, Feb. 6, 2020 /CNW/ – 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 the New Zealand assets that it sold to Tamarind Resources Pte. Ltd. in September 2019. Further details on TAG’s royalty and remaining milestone payments from New Zealand can be found in the management information circular dated November 30, 2018, which … Continue Reading

VANCOUVER, Nov. 14, 2019 /CNW/ – 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 and gas to determine the preferred use of the proceeds from the Transaction in order to maximize value for shareholders.

Q2 2020 HIGHLIGHTS  

VANCOUVER, Oct. 24, 2019 /CNW/ – 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 million, ongoing cashflow from the 2.5% gross overidding royalty on all future production from the New Zealand assets sold, and up to US$4.5 million in future event specific payments payable on Tamarind Resources Pte. Ltd. achieving certain milestones.

TAG has received an … Continue Reading

VANCOUVER, Sept. 27, 2019 /CNW/ – 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 by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company’s shareholders or until their successors are elected or appointed.   

The results of the … Continue Reading

VANCOUVER, Sept. 25, 2019 /CNW/ – TAG Oil Ltd. (TSX: TAO and 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 exposure to the potential upside from all New Zealand assets sold as follows: