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Stock impact report

Falcon Oil & Gas Ltd. - Approval for the sale of Falcon's 98.1% interest in Falcon Oil & Gas Australia Limited to Tamboran group. [Yahoo! Finance]

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Yahoo! Finance
05 January 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) subsidiary company, Falcon Oil & Gas Australia Limited (“Falcon Australia”) held a General Meeting in Brisbane, Australia on 30 December 2025. At the General Meeting shareholders approved the sale of Falcon's 98.1% interest in Falcon Australia to Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) (“Tamboran group”). Falcon and its associates were excluded from voting on the relevant resolutions. The sale is part of a broader transaction whereby, as previously announced, Tamboran group will acquire all of the subsidiary companies of Falcon, subject to various regulatory and shareholder approvals. Acquisition of the 98.1% interest in Falcon Australia will provide Tamboran group with the option of compulsorily acquiring all the remaining shares in Falcon Australia held by minority shareholders. Tamboran group has undertaken to proceed with the compulsory acquisition from minority shareholders at a price no less than th Show less Read more
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