Tamboran Resources Commences Underwritten Public Offering Of 2,324,445 Shares Of Common Stock
Benzinga Newsdesk 1 year ago
NewsOfferings
Tamboran 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
- Tamboran 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.