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Tamboran Resources Limited ( (AU:TBN) ) just unveiled an update.
Tamboran Resources Corporation has notified the ASX of a proposed equity issuance under a placement or similar structure, seeking to issue up to 3,400,093 common shares. The new securities, trading under the ASX code TBNAM, are scheduled for issue on 9 April 2026, indicating an incremental capital raise that may support the company’s ongoing activities and financial flexibility without detailed use-of-proceeds disclosed in the filing.
The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.
More about Tamboran Resources Limited
Tamboran Resources Corporation, listed on the ASX under the code TBN, operates in the energy and resources sector, with its primary focus on resource development and related securities listed on the Australian market. The company actively manages its capital structure through equity issuances to support its strategic and operational requirements.
Average Trading Volume: 2,453,998
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.41B
For a thorough assessment of TBN stock, go to TipRanks’ Stock Analysis page.