VANCOUVER, BC, Dec. 20,
2023 /CNW/ - TAG Oil Ltd. (TSXV: TAO) (OTCQX:
TAOIF) ("TAG Oil" or the "Company") is
pleased to announce that it has changed its financial year end to
December 31, from its current
financial year end of March 31.
TAG Oil believes this change of financial year end will better
align the Company's financial reporting periods to that of its peer
group in the oil and gas sector. In addition, the calendar
year end coincides with traditional financial, operational,
and taxation cycles.
For details regarding the length and ending dates of the
financial periods, including the comparative periods of the interim
and annual financial statements to be filed for the Company's
transition year and its new financial year, reference is made to
the Notice of Change of Financial Year End filed by the
Company on SEDAR+ pursuant to Section 4.8 of National Instrument
51–102 – Continuous Disclosure Obligations, a copy of which
is available electronically at www.sedarplus.ca.
About TAG Oil Ltd.
TAG Oil (http://www.tagoil.com/) is a Canadian based
international oil and gas exploration company with a focus on
operations and opportunities in the Middle East and North Africa.
Neither the TSX-V nor its Regulation Services Provider (as
that term is defined in the policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
Certain of the statements made and information contained
herein is considered "forward-looking information" within the
meaning of applicable Canadian securities laws, including
statements with regard to the Company's operations and potential
strategic opportunities. These statements address future events and
conditions and are reliant on assumptions made by the Company's
management, and so involve inherent risks and uncertainties, as
disclosed in the Company's periodic filings with Canadian
securities regulators. As a result of these risks and
uncertainties, and the assumptions underlying the forward-looking
information, actual results could differ from those currently
projected. The Company does not assume the obligation to update any
forward-looking statement, except as required by applicable
law.
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SOURCE TAG Oil Ltd.