Tamboran raises US$56.1M in public offering, up to $29.3M PIPE, and $30M SPP, partners with Baker Hughes

Tamboran Resources Corp

Public offering closed: gross $56.1M (2.67M shares at $21.00); net $52.5M after discounts; underwriters exercised full overallotment.
Concurrent PIPE of up to $29.3M at $21.00, subject to shareholder approval; insider participation of $6.6M from Bryan Sheffield and Scott Sheffield.
Plan to launch Share Purchase Plan targeting up to $30M at A$0.162/CDI, for eligible CDI holders outside US.
Strategic partnership with Baker Hughes includes $10M cornerstone investment; Baker Hughes to provide oilfield services.
Proceeds to fund development plan, working capital, and general corporate purposes.

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