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Tamboran Opens A$27 Million Retail Entitlement Offer to Accelerate Beetaloo Drilling
10:32am on Monday 13th of April, 2026 AEST
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Energy
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Tamboran Opens A$27 Million Retail Entitlement Offer to Accelerate Beetaloo Drilling
10:32am on Monday 13th of April, 2026 AEST
Key Points
Retail entitlement offer opens April 13, closes April 27, 2026
Offer price set at A$0.25 per new CDI, representing a 23% discount to recent NYSE trading
Partially underwritten retail raise capped at A$24 million with oversubscription facility
Proceeds to fund drilling in Pilot Area, Orion Acreage, BCDA, and EP 161 acreage
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