Brief: Tag Oil announces short-form prospectus offering to raise up to C$10 mln to accelerate development activities and high impact drilling program

TAG Oil

15/02/2017 22:14

Feb 15 (Reuters) - Tag Oil Ltd  TAO.TO  
    * Tag Oil announces short-form prospectus offering to raise 
up to C$10 million to accelerate development activities and high 
impact drilling program 
    * Tag Oil Ltd says offering will consist of offering for 
sale of 15.4 million units of company at a price per unit of     
C$0.65 
    * Tag Oil Ltd - Members of company's board and management 
will be participating in offering alongside investors for a 
minimum of C$2.5 million of units 
 
Source text for Eikon:  ID:nCCN4NzTQf  
Further company coverage:  TAO.TO  
 
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