Falcon Shareholders Approve Sale of 98.1% Stake in Australian Subsidiary to Tamboran

Reuters
01/05
Falcon Shareholders Approve Sale of 98.1% Stake in Australian Subsidiary to Tamboran

Falcon Oil & Gas Ltd. has received shareholder approval for the sale of its 98.1% interest in Falcon Oil & Gas Australia Limited to Tamboran Resources Corporation. This approval follows a General Meeting of Falcon Australia in Brisbane on 30 December 2025, where shareholders supported the transaction. The deal is part of a broader agreement under which Tamboran group intends to acquire all subsidiary companies of Falcon, pending various remaining approvals. The approval by Falcon Australia shareholders removes a key condition, keeping the transaction on track to close in the first quarter of the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Falcon Oil & Gas Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001157526-en) on January 05, 2026, and is solely responsible for the information contained therein.

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