Tamboran Raises A$37.1M & $14.7M from Equity Offerings

Tamboran Resources Corporation completed an accelerated non-renounceable institutional entitlement offer, issuing 148,308,400 CHESS Depositary Interests (CDIs) for aggregate proceeds of A$37.1 million. Each CDI represents 1/200th of a common share, issued at A$0.25 per CDI. Additionally, underwriters exercised their option to purchase 443,491 additional common shares, resulting in $14.7 million in net proceeds. Both transactions closed on April 14, 2026.