Core Viewpoint - TAG Oil Ltd. has increased its brokered offering to $10,000,000 due to strong investor demand, with units priced at $0.10 each [1] Offering Details - The offering consists of $5,640,000 under a prospectus-exempt LIFE Offering and $4,360,000 under a private placement [1] - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.13 for 48 months [2] - The Agents have an option to increase the private placement by up to $1,500,000 [4] Use of Proceeds - Proceeds will be used for appraisal and development activities at the Badr Oil Field and Southeast Ras Qattara concessions in Egypt, as well as for working capital [3] - Specific activities include drilling a new vertical well at BED-1 and conducting a Diagnostic Fracture Injectivity Test at SERQ [3] Regulatory and Closing Information - The closing of the offerings is expected around February 16, 2026, pending necessary regulatory approvals [8] - The LIFE Offering will be available in all Canadian provinces except Quebec and other qualifying jurisdictions, including the U.S. [5][7] Agent Compensation - Agents will receive an 8.0% cash commission on gross proceeds and broker warrants equal to 8.0% of units sold [9][10]