Tamboran Resources Raises $32 Million in Private Share Sale

Reuters
2026.01.22 21:52
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Tamboran Resources Corporation has raised approximately $32 million through a private placement of 1,524,377 shares at $21.00 per share. The transaction, approved by stockholders, closed on January 16, 2026. The shares were issued as unregistered securities under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D, intended for investment purposes only.