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An announcement from Tamboran Resources Limited ( (AU:TBN) ) is now available.
Tamboran Resources Corporation has disclosed a change in director Richard Kelty Stoneburner’s interests in the company’s securities, in line with ASX listing rule requirements. The notice details his direct and joint holdings, reflecting transparency in governance and providing shareholders with updated information on board-level equity exposure.
Stoneburner acquired 8,403 common shares through participation in an entitlement offer, taking his direct common stock holding to 83,723 shares while maintaining existing options and restricted stock units. The update indicates active director participation in capital raising, which can be interpreted as an alignment of his financial interests with those of other investors and the company’s long-term performance.
More about Tamboran Resources Limited
Tamboran Resources Corporation is an Australia-based company listed on the ASX. The business is involved in the energy and resources sector, with its securities including common stock, restricted stock units and unlisted options. The company’s shareholder base includes directors who hold both direct and indirect interests in its equity.
Average Trading Volume: 3,073,870
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.28B
Learn more about TBN stock on TipRanks’ Stock Analysis page.