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Tamboran Resources Limited ( (AU:TBN) ) has issued an update.
Tamboran Resources Corporation has issued 1,462,200 new CHESS Depositary Interests following the vesting of restricted stock units granted under its 2024 Equity Incentive Plan. The company stated that the new securities were issued without a prospectus under Australian disclosure relief provisions, confirmed its compliance with key financial reporting and continuous disclosure obligations, and advised that it is not aware of any undisclosed price-sensitive information, providing comfort to investors about regulatory adherence as its equity base expands.
More about Tamboran Resources Limited
Tamboran Resources Corporation is a growth-focused independent natural gas exploration and production company concentrating on the commercial development of natural gas resources in the Beetaloo Basin in Australia’s Northern Territory. Through its subsidiaries, the company controls about 1.9 million net prospective acres, making it the largest acreage holder in the Beetaloo Basin, and is pursuing an integrated strategy to bring these resources to market.
Average Trading Volume: 2,472,046
Technical Sentiment Signal: Hold
Current Market Cap: A$762M
See more data about TBN stock on TipRanks’ Stock Analysis page.