TAG Oil Announces Pricing of Public Offering of Units
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2024
0mins
Source: Newsfilter
TAG Oil's Public Offering: TAG Oil Ltd. has announced a $10 million public offering of units priced at $0.17 each, with management participation and led by Research Capital Corporation along with other agents.
Use of Proceeds: The funds will be used for appraisal and development activities in Egypt, including work on existing wells and drilling new ones, as well as for general corporate purposes and potential strategic partnerships.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
