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Error with currency symbol in one line of y previous post. Same calculation, but should be:

"So 274 Tamboran shares x USD$32.58 = USD $8,926. Approx Stg 6,751 or Eur 7,828."

Fleurs, the official 'exchange / conversion rate' 0.00686913. So for every one falcon share you get .00686913 shares. In your case 40,000 X .00686913 = 274.7625 Tamboran USD Shares. Today Pre-Market Price for Tamboran is $32.58

So 274 Tamboran shares x £32.58 = $8,926. Approx Stg 6,751 or Eur 7,828.

Hope that helps - also most shareholders have NOT received their shares, and to date anyone posting that they have, have not indicated that they have sold any. Therefore may need to wait until all have got their shares before they can be traded as ilvelo mentioned in his post. (But open to correction on this).

What I fail to understand is that some brokers have converted the shares and others have not. Also each one that has not converted is giving a different excuse.....very disappointing

It woukd be so simple for Falcon AND Tamboran to put a short note up on their website/s explaining in simple terms what the process and expected tineline is. Sharehokders not being able to access theur own funds for such a period of time, without explanation, is very poor corporate care /governance

It's a shambles. And as always, communication to shareholders is non existent.

Has anyone got their allocation yet?.

Is it possibly something to do with the closing date for exchange of Tamboran Shares for Falcon is 12th June?

Burdee,

Falcon shareholders receive 0.00687 Tamboran shares per Falcon share. So whatever your converted number of shares is, that is the number that will be credited to your Fidelity Account. Once they are in your account, and free to trade, then the price per share will be the market price of Tamboran Shares at that point in time. So if Fidelity timeline is correct, the price will be the Tamboran Share price in 2-4 weeks.

I contacted my Broker this morning. Which is a large multinational broker. The call took quite a while whilst they were checking the status of the merger. Initially they said that the "Corporate Action was finished ', but then I advised that Falcon still showed on my portfolio. After further checking they advised that they are undertaking an investigation' as in their words, "The merger is not yet successfull".....(That was their understanding, even though we have heard from both companies that it has completed!!)

So still none the wiser here. I will have to wait and see if anyone else gets their Tamboran Shares and then get back on to my Broker!!.

Has anyone here been contacted by their Broker to advise their shares will be converted automaticalky , or any action required by them? Thanks.

The Falcon shares on the TSX were delisted on Friday. My guess is that this was a transfer or tidy up of

Sares to facilitate the delisting.

Newtofo,

I have just rung my Online Stopckbroking Company (Major European One), who said they have noy yet been advised by their Broker to do anything. They are aware of yesterdays announcement, and said that I should get an email if there is anything I need to do. If I dont hear anything by early next week, they said give them another call.

I just posted a similar question on the Tamboran Board.(See Below) Hopefully get info soon......

Regarding the announcement I have a few questions, if anyone comes accross the answers!!

1: One line in the announcement - 'The Falcon Shares will be delisted from the TSX Venture Exchange in due course' - why the delay in Canada? and what does due course mean?

2: If you hold your Falcon shares through an online broker, do they do all the converting, etc? As a shareholder do I have to do anything?

Many Thanks In Advance.

Regarding the announcement I have a few questions, if anyone comes accross the answers!!

1: One line in the announcement - 'The Falcon Shares will be delisted from the TSX Venture Exchange in due course' - why the delay in Canada? and what does due course mean?

2: If you hold your Falcon shares through an online broker, do they do all the converting, etc? As a shareholder do I have to do anything?

Many Thanks In Advance.

Thanks for the update Newto. I'll check that out. Appreciate it.

Newtofo, Thanks for the link. Hopefully some good news update on the call.

Note just out. Reads "RBC Capital upgraded Tamboran Resources to Outperform from Sector Perform with a price target of $55, up from $38. The firm cites momentum in the "nascent" Beetaloo Basin and a "more robust" global natural gas market for the upgrade. The Daly Waters Energy farmout is an endorsement of the value potential of the Beetaloo and a pathway to future commercialization, the analyst tells investors in a research note. RBC adds that Tamboran's recent equity offering and asset exchange with Daly funds the pilot project through 2028."

Hopefully thay will push the price up whilst we wait for closing of the deal!!

Falcon released full year financial results this morning. The wording of the deal update is below.

UPDATE: The definitive agreement entered into between Falcon and Tamboran Resources Corporation (NYSE: TBN, ASX: TBN) is progressing and is expected to close in the second quarter of 2026.

Yes, Its a bit worrying that there has been no update. I just did some searching and found on tradingview.com the following regarding the timeline approved by the recent court for closing the deal (See Beloe).....in effet the deal closing can extend automatically until end June. Its dissapointing that there is no update at all, even to say that things are progressing!!!

Tradingview.com = 'Tamboran Resources entered into an Amending Agreement to its Arrangement Agreement with Falcon Oil & Gas. The amendment extends the outside termination date to April 30, 2026, with an automatic extension to June 30, 2026 if required regulatory approvals or an amended OFAC license remain pending while other conditions are satisfied. All other terms remain unchanged, giving the parties additional time to secure necessary clearances and close the transaction.'

Has there been any recent update on a potential / estimated time frame for the closing of the merger?

Thanks