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

Reuters

Jan 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.\n      \n\n\nDisclaimer: 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. 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