Tamboran Resources Corp.

Tamboran Resources Corp CHESS Depositary Interests (CDIs) with ticker 9HT are depositary receipts listed on the Frankfurt Stock Exchange that each represent an interest in underlying ordinary shares of Tamboran Resources Corporation, a natural gas exploration and production company focused on developing resources in Australia’s Beetaloo Basin. ## Asset basics - Instrument name: Tamboran Resources Corp CHESS Depositary Interests (CDIs) – over Tamboran Resources Corporation shares. - Ticker: 9HT. - Exchange: Frankfurt Stock Exchange (generally traded on the Regulated Unofficial Market/“Freiverkehr” for many international CDIs, though the exact segment and trading currency should be confirmed with a broker or the exchange website). ## Nature of the CDIs CHESS Depositary Interests are a form of beneficial ownership where a depository (often linked to the Australian CHESS system) holds the underlying shares and issues tradable receipts to investors, who then gain economic exposure (price moves, potential corporate actions) to the Tamboran Resources Corporation shares rather than holding the shares directly. ## Relationship to underlying Tamboran shares - Underlying issuer: Tamboran Resources Corporation (also listed under the symbol TBN on major exchanges such as the NYSE and ASX). - Economic exposure: 9HT holders participate in the price performance and corporate events (such as capital raisings or corporate actions) of Tamboran Resources Corporation via the CDI structure. - Ratio: For CDIs, there is usually a fixed ratio of CDIs to underlying common shares (for example, 1 CDI may equal 1 underlying share, or another fixed multiple); this specific ratio and any fees or special conditions must be confirmed via the prospectus or the broker’s instrument description, as it can vary by instrument. ## Practical points for investors - Trading, settlement and currency (likely euro on Frankfurt) are governed by the rules of the Frankfurt Stock Exchange and the local clearing system, even though the underlying company is foreign. - Rights such as voting are usually exercised indirectly: CDI holders typically instruct the depositary, which then votes the underlying shares, subject to the terms of the deposit agreement. - Before investing, it is important to review the instrument’s key information document or listing description, which will specify the CDI-to-share ratio, any additional costs, and the exact market segment on Frankfurt. If you share what you need next (e.g., share count per CDI, recent price performance, or how this interacts with holdings on another exchange), a more targeted explanation can be given.