Tamboran Issues New Securities Under Accelerated Entitlement Offer

The latest update is out from Tamboran Resources Limited ( (AU:TBN) ).

Tamboran Resources Corporation has issued 148,308,400 new CHESS Depositary Interests at A$0.25 each and 1,013,110 new fully paid common shares at US$35.00 each. The securities were issued under the institutional component of its partially underwritten accelerated non-renounceable pro rata entitlement offer announced earlier in April 2026.

The company confirmed the new securities were offered without a disclosure document under Australia’s Corporations Act, relying on specific statutory and ASIC relief provisions. Tamboran also stated it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information requiring disclosure, signalling a routine capital-raising step to support its ongoing Beetaloo Basin development plans.

More about Tamboran Resources Limited

Tamboran Resources Corporation is a growth-focused independent natural gas exploration and production company listed on the NYSE and ASX under the ticker TBN. The company is targeting integrated commercial development of natural gas resources in Australia’s Beetaloo Basin, where it controls about 1.9 million net prospective acres, making it the largest acreage holder in that basin.

Average Trading Volume: 2,920,517

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.34B

For detailed information about TBN stock, go to TipRanks’ Stock Analysis page.