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Tamboran Resources Limited ( (AU:TBN) ) has issued an announcement.
Tamboran Resources Corporation has disclosed a change in the shareholding of director Phillip Z. Pace, in line with ASX listing rule requirements. The filing notes that Pace held 35,809 common shares before the transaction and that his interests are recorded as a direct holding in the company.
Following participation in a recent entitlement offer, Pace acquired an additional 2,581 common shares for consideration of $90,335, lifting his total holding to 38,390 common shares. The move modestly increases director ownership, signalling ongoing insider support for Tamboran’s equity and providing investors with updated visibility on board-level alignment with shareholders.
More about Tamboran Resources Limited
Tamboran Resources Corporation operates in the energy sector and is focused on the exploration and development of natural gas resources. The company’s activities are typically centred on upstream oil and gas operations, targeting gas reserves to supply domestic and potentially export markets, positioning it as an emerging player in regional gas development.
Average Trading Volume: 3,073,870
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.28B
See more data about TBN stock on TipRanks’ Stock Analysis page.