UNDERWRITING AGREEMENTUnderwriting Agreement • September 29th, 2006 • Tag Oil LTD • Oil & gas field exploration services • Alberta
Canaccord Capital Corporation ("Canaccord" or the "Underwriter") understands that TAG Oil Ltd. (the "Corporation") proposes to issue and sell 40,000,000 common shares in the capital of the Corporation (the "Offered Shares") by way of private placement (the "Offering").
South Pacific Lease Operations Limited PO Box 305-017 Triton Plaza North Shore City New Zealand Attention: Paul Twynham Dear Paul SHARE PURCHASE AGREEMENT – INTER-COMPANY DEBTShare Purchase Agreement • September 29th, 2006 • Tag Oil LTD • Oil & gas field exploration services
TAG OIL LTD. SUBSCRIPTION AGREEMENT FOR COMMON SHARES (U.S. Subscription Agreement)Subscription Agreement • September 29th, 2006 • Tag Oil LTD • Oil & gas field exploration services • British Columbia
The undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase through the U.S. Agent from TAG Oil Ltd. (the “Corporation”) that number of Common Shares of the Corporation (the “Common Shares”) set out on page 2 at a price of $0.75 per Common Share (the “Subscription Price”) for the aggregate subscription price (the “Aggregate Subscription Price”) set out on page 2. The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscription for Common Shares” including without limitation the representations, warranties and covenants set forth in the applicable schedules attached thereto. The Subscriber further agrees, without limitation, that the Corporation, the Underwriter, the U.S. Agent and their respective counsel may rely upon the Subscriber’s representations, warranties and covenants contained in such documents.
TAG OIL LTD. SUBSCRIPTION AGREEMENT FOR COMMON SHARES (Canadian and Non-US Persons)Subscription Agreement • September 29th, 2006 • Tag Oil LTD • Oil & gas field exploration services • British Columbia
The undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase from TAG Oil Ltd. (the “Corporation”) that number of common shares of the Corporation (the “Common Shares”) set out on page 2 at a price of $0.75 per Common Share (the “Subscription Price”) for the aggregate subscription price (the “Aggregate Subscription Price”) set out on page 2. The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of Subscription for Common Shares” including without limitation the representations, warranties and covenants set forth in the applicable schedules attached thereto. The Subscriber further agrees, without limitation, that the Corporation, the Underwriter and their respective counsel may rely upon the Subscriber’s representations, warranties and covenants contained in such documents.
