TAG Oil Provides Update on Recently Closed Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 13 2024
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Source: Yahoo Finance
TAG Oil's Public Offering: TAG Oil Ltd. has successfully closed a public offering of 40,093,900 units, each consisting of one common share and a purchase warrant, with an exercise price of $0.25 for up to 24 months.
Commission and Broker Warrants: The Lead Agent, Research Capital Corporation, received a cash commission of $375,501.78 and 2,208,834 broker warrants, which are exercisable at $0.17 for 24 months following the closing date.
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.
