MARKETS

Tamboran snaps up big spender in placement

TAMBORAN Resources has secured the support of Bryan Sheffield, "a strategic US investor," to provide the company with A$20 million.

Jonathon Davidson

File photo: Tamboran Resources acreage

File photo: Tamboran Resources acreage

The payment has seen Tamboran able to raise a total of $35 million as part of a larger placement, the company announced today. The placement saw Tamboran offer 94.4 million ordinary shares at 37cps,...

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