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Tamboran Resources Limited ( (AU:TBN) ) has shared an update.
Tamboran Resources Corporation announced the issuance of 7,700,000 CHESS Depositary Interests as a result of the vesting of Restricted Stock Units under its 2024 Equity Incentive Plan. This move, made without disclosure to investors under certain provisions of the Corporations Act, reflects the company’s compliance with relevant regulatory requirements and underscores its strategic focus on leveraging equity incentives to drive growth and development in its operations.
More about Tamboran Resources Limited
Tamboran Resources Corporation is an independent natural gas exploration and production company focused on the commercial development of natural gas resources in the Beetaloo Basin, Northern Territory, Australia. The company holds approximately 1.9 million net prospective acres, making it the largest acreage holder in the Beetaloo Basin.
Average Trading Volume: 2,789,131
Technical Sentiment Signal: Buy
Current Market Cap: A$795.2M
For an in-depth examination of TBN stock, go to TipRanks’ Overview page.