Brief: Tamboran Resources Receives Commitments For Placement Component Of A$71.4 Mln Capital Raise

Tamboran Resources

27/06/2023 02:13

June 27 (Reuters) - Tamboran Resources Ltd  TBN.AX :
    * RECEIVES COMMITMENTS FOR INSTITUTIONAL PLACEMENT COMPONENT
OF
ITS A$71.4 MILLION CAPITAL RAISE
    * HELMERICH & PAYNE AND TAMBORAN HAVE SIGNED A BINDING HEADS
OF
AGREEMENT
    * AGREEMENT FOR A CONVERTIBLE NOTE OF US$9 MILLION SUBJECT
TO
SHAREHOLDER APPROVAL
    * INTENDS TO LAUNCH A SHARE PURCHASE PLAN ON SAME TERMS AS
PLACEMENT AT A$0.18 PER SHARE

Source text for Eikon:  ID:nASX5fZqw8 
Further company coverage:  TBN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))