Public Offering of Common Stock

Open PDF
Stock Tamboran Resources Corporation (TBN.ASX)
Release Time 23 Oct 2025, 11:08 a.m.
Price Sensitive Yes
 Tamboran Announces Public Offering of Common Stock
Key Points
  • Tamboran Resources Corporation to offer 2,324,445 shares of common stock
  • Underwriters granted 30-day option to purchase up to 348,666 additional shares
  • Net proceeds to fund Tamboran's development plan, working capital, and general corporate purposes
Full Summary

Tamboran Resources Corporation (ARBN 672 879 024) has announced that it has commenced an underwritten public offering of 2,324,445 shares of common stock. The company expects to grant the underwriters a 30-day option to purchase up to an additional 348,666 shares of common stock from the company. The net proceeds of the offering will be used to fund Tamboran's development plan, working capital, and other general corporate purposes. RBC Capital Markets, LLC and Wells Fargo Securities, LLC are acting as joint book-running managers of the offering. Tamboran is in the process of conducting a bookbuild and price discovery process in relation to the public offering. The offering of these securities is being made only by means of the prospectus supplement and accompanying base prospectus as filed with the Securities and Exchange Commission (SEC). Copies of the preliminary prospectus supplement and accompanying base prospectus can be obtained from the joint book-running managers.