TAMBORAN RESOURCES CORPORATION
ASX:TBNEnergy2 cash raises in 24 months
TAMBORAN RESOURCES CORPORATION's ordinary share count stands at 6.99B as of August 2026; a share-count change figure is not stated because the filed Appendix 2A series ends earlier than the latest market reading. In the past 24 months, the company raised capital twice for total disclosed proceeds of A$435.5M, most recently an underwritten public offering and accelerated non-renounceable entitlement offer in April 2026 raising A$282.6M. Options and rights on issue could convert into 1M new shares, equal to 0.0% of the current share count, with none in the money; the nearest expiry is May 2029. The company no longer lodges quarterly cash reports, so no funding runway figure applies.
Quick answers · 3
When did TBN last raise capital?
The last capital raise in Tamboran Resources Corporation's filings is Underwritten public offering and accelerated non-renounceable entitlement offer of $282.6M announced 8 Apr 2026, one of 2 cash raises in 24 months.
How much placement capacity does TBN have left?
About 99% of the 15% placement capacity left, about 1% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
When do TBN's options expire?
Unexercised options and rights equal 0% of Tamboran Resources Corporation's shares on issue; the nearest expiry is May 2029.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 18 Sept 2026 | 3G · unquoted | TBN : CDI 200:1 US PERSON PROHIBITED EXCLUDING QIB | 1.34B | Appendix 3G |
| 31 July 2026 | 3G · unquoted | TBN : CDI 200:1 US PERSON PROHIBITED EXCLUDING QIB | 1.40B | Appendix 3G |
| 31 July 2026 | 2A · quoted issue | TBN : CDI 200:1 US PERSON PROHIBITED EXCLUDING QIB | 1.41B | Appendix 2A |
| 10 July 2026 | 2A · quoted issue | TBN : CDI 200:1 US PERSON PROHIBITED EXCLUDING QIB | 1.40B | Appendix 2A |
| 30 June 2026 | 3G · unquoted | CDI 200:1 US PERSON PROHIBITED EXCLUDING QIB | 1.47B | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (1.34B) need not equal the current count above (6.99B).
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
2 cash raises in the last 24 months · 1 in the last 12 months
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered369k · 0.0% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered849k · 0.0% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 369k priced, 849k where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 30.3% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.21 today. No price up to ten times today’s switches on any more priced supply.
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 849k (69.7% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
- 369k more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| — | Options | Price-triggered | $21.94 | 28 May 2029 | 369k | Filing |
| TBNAO | — | Condition-triggered | — | — | 849k | Filing Meeting |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
- TBNAJPrice-triggered35.9M securities → 015 June 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 June 2026 | Andrew Robb | Other | 5k | — | — | — | 3Y notice |
| 1 June 2026 | David Neil Siegel | Other incentive | 7k | 233k | — | — | 3Y notice |
| 1 June 2026 | Fredrick Barrett | Other incentive | 5k | 733k | — | — | 3Y notice |
| 1 June 2026 | Jeffrey Lance Bellman | Other incentive | — | 6k | — | — | 3Y notice |
| 1 June 2026 | Phillip Z. Pace | Other | 6k | — | — | — | 3Y notice |
| 1 June 2026 | Ryan Dalton | Other | — | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.