TAG Oil ( (TSE:TAO) ) has provided an update.
TAG Oil Ltd. announced the resignation of Toby Pierce as a director, effective January 6, 2025, to focus on other professional commitments. The company plans to issue him $200,000 in common shares as part of his severance package, pending approval from the TSX Venture Exchange. This change marks a significant shift in leadership but maintains Mr. Pierce’s involvement as a shareholder, highlighting TAG Oil’s adaptive strategy amid industry dynamics.
More about TAG Oil
TAG Oil Ltd. is a Canadian-based international oil and gas exploration company, focusing on operations and opportunities in the Middle East and North Africa.
YTD Price Performance: 0%
Average Trading Volume: 394,049
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$32.59M
See more insights into TAO stock on TipRanks’ Stock Analysis page.