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Stock impact report

Tamboran Resources Corporation Public Offering of Common Stock

Tamboran Resources Corporation Common stock (TBN) 
Company Research Source: Business Wire
 HighlightsTamboran Resources Corporation (“Tamboran” or the “Company”) 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 Company intends to use the net proceeds of the offering 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. NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN):Other InformationThe 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 (the “SEC”). Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering may be obtained free of charge on the SE Show less Read more
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