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Tamboran Resources Launches $75M US IPO
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Tamboran Resources Launches $75M US IPO

Tamboran Resources Limited (AU:TBN) has released an update.

Tamboran Resources Corporation sets its US IPO price at $24 per share, aiming to raise $75 million to fund its Shenandoah South Pilot Project. The offering includes an option for underwriters to buy additional shares and is backed by significant investments from key shareholders. Tamboran’s shares are slated to start trading on the New York Stock Exchange under the symbol ‘TBN’.

For further insights into AU:TBN stock, check out TipRanks’ Stock Analysis page.

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