RE:Question for MoneysworthGeesh Donald, why are you always SO negative? :( -----------------------------
TAG Oil Ltd. (TSXV: TAO and OTCQX: TAOIF) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the interim period ending September 30, 2023. A copy of TAG Oil’s financial statements and management discussion and analysis for the interim period ending September 30, 2023 are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.tagoil.com.
Highlights over the period include that the Company had C$23.0 million (June 30, 2023: C$15.5 million) in cash and cash equivalents and C$24.7 million (June 30, 2023: C$17.9 million) in working capital and has no debt. During the period, TAG Oil also closed its upsized C$12.3 million bought-deal public offering and continues to manage its costs and allocate the necessary resources towards its operations and business development efforts in Egypt and the broader Middle East and North Africa region.