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An update from Tamboran Resources Limited ( (AU:TBN) ) is now available.
Tamboran Resources Corporation has called a virtual special meeting of stockholders on 3 March 2026 (US time) to seek shareholder approvals related to its planned acquisition of Falcon Oil & Gas Ltd. and the remaining minority interests in Falcon Oil & Gas Australia Limited. Shareholders will vote on proposals to approve the issuance of 6,537,503 Tamboran common shares to Falcon and up to 147,508 shares to minority holders of Falcon Australia, along with approval to adjourn or postpone the meeting if additional proxy solicitation is needed. The outcome of the meeting will determine whether Tamboran can complete the equity-funded acquisition of Falcon and consolidate full ownership of Falcon Australia, which would reshape its corporate structure and potentially strengthen its strategic position, with CDI holders able to direct how the underlying shares are voted via an instruction form.
The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.
More about Tamboran Resources Limited
Tamboran Resources Corporation is an energy company listed on the ASX, with its securities also held via CHESS Depositary Interests (CDIs). The company engages shareholders through electronic communications and virtual meetings, reflecting a focus on accessible governance for a geographically dispersed investor base.
Average Trading Volume: 1,601,105
Technical Sentiment Signal: Buy
Current Market Cap: A$897.4M
Learn more about TBN stock on TipRanks’ Stock Analysis page.