[8-K] Tamboran Resources Corp Reports Material Event
Rhea-AI Filing Summary
Tamboran Resources Corporation completed a security purchase plan on November 24, 2025, issuing and selling 107,558,800 CHESS Depositary Interests (CDIs), each representing 1/200th of a share of common stock and underpinned by 537,794 common shares. The plan raised A$17.42 million for the company at an issue price of A$0.162 per CDI, providing additional equity capital.
The CDIs were offered to existing shareholders located in Australia, New Zealand, Canada, Luxembourg, Malaysia, Singapore and the United Kingdom. The issuance was conducted as an offshore offering and relied on an exemption from U.S. registration under Regulation S of the Securities Act of 1933.
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Insights
Tamboran raises A$17.42M through an offshore CDI security purchase plan.
Tamboran Resources completed a security purchase plan issuing 107,558,800 CDIs, underpinned by 537,794 common shares, at
The offer was limited to existing shareholders in several non-U.S. jurisdictions and relied on Regulation S, meaning the securities were sold outside the United States without SEC registration. As an equity issuance, it increases the share base, but the document does not quantify the company’s total outstanding shares, so the relative dilution cannot be assessed here.
The use of CDIs, each representing 1/200th of a common share, reflects Tamboran’s cross-border listing structure while maintaining access to capital from investors in Australia and other specified markets. Subsequent periodic reports may provide more detail on how the additional capital is allocated across operations or projects.