/NOT FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, Dec. 5, 2024
/CNW/ - TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) (FSE:
T0P) ("TAG Oil" or the "Company") is pleased to
report the voting results from its 2024 annual general meeting of
shareholders (the "Meeting") held today in Vancouver, B.C. Shareholders voted as follows
on the matters before the Meeting.
Fixing the Number and Election of Directors
Shareholders fixed the number of directors at six (6), and all
six (6) of the nominees listed in TAG Oil's management information
circular dated November 5, 2024, that
were proposed by management for election to the board of directors
at the Meeting were duly elected. The directors will remain in
office until the next annual meeting of the Company's shareholders
or until their successors are elected or appointed.
Appointment of Auditors
Shareholders appointed Deloitte LLP as auditor of the Company
for the upcoming year and authorized the directors of the Company
to fix the remuneration of the auditor.
Approval of Stock Option Plan
The Company's incentive stock option plan, which is a rolling
stock option plan that permits the issuance of up to an aggregate
of 10% of the issued and outstanding common shares of the Company
from time to time, was approved by shareholders.
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.
Website: http://www.tagoil.com/
LinkedIn: https://www.linkedin.com/company/tag-oil-ltd
X: https://twitter.com/tagoilltd
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.
SOURCE TAG Oil Ltd.