.png)
TAG Oil Ltd NOT FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) — TAG Oil Ltd. (TSXV: TAO and OTCQX: TAOIF ) (“ TAG Oil ” or the “ Company ”) is pleased to announce that it has upsized its previously announced bought-deal public offering (the “ Offering ”) to $11,000,048 in aggregate gross proceeds. The Company has entered into a revised agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Echelon Wealth Partners Inc., Canaccord Genuity Corp., and Haywood Securities Inc. (collectively, the “ Underwriters ”), to purchase, as principal on a bought-deal basis, 18,965,600 common shares of the Company (the “ Common Shares ”) at a price of $0.58 per Common Share. The Company intends to grant the Underwriters an option, exercisable in whole or in part, at the sole discretion of the Underwriters, at any time, from time to time, for a period of 30 days from and including the closing of the Offering, to purchase from the Company up to an additional 15% of the Common Shares sold under the Offering, on the same terms and conditions of […]
CamTrader offers a preview only. View original article. finance.yahoo.com
