other material
confidence high
sentiment neutral
materiality 0.55
Tamboran Resources closes three equity raises: A$37.1M CDI, $14.7M underwriter option, 916K shares RDO
Tamboran Resources Corp
- Issued 148.3M CDIs (741,542 underlying shares) at A$0.25 each for A$37.1M proceeds; exempt under Regulation S.
- Underwriters exercised option to buy 443,491 shares, net proceeds $14.7M; closed April 14.
- Closed portion of RDO: sold 916,412 common shares at $35/share; remaining ~96,698 shares expected to close April 15.