TAG Announces Normal Course Issuer Bid

VANCOUVER, Dec. 7, 2011 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports that the Company intends to launch a normal course issuer bid (bid) to purchase up to 4,427,774 of its common shares through the facilities of TSX. The purchase of common shares under the bid will enable the Company to acquire its shares for cancellation. TAG believes that the market price of the Company's common shares may not reflect their underlying value and that the purchase of common shares for cancel...continued TAO:CA TAOIF  Energy

URL: http://www.investorpoint.com/news/INTHPINK/46691742/