Perisson Petroleum Corp.

Perisson Petroleum Corp. is pleased to update its shareholders concerning the planned conversion of outstanding debentures debt. As previously announced, the Holders of the Company's outstanding $3,000,000 and $4,000,000 in convertible debentures agreed to convert all outstanding principal, interest and penalties at conversion prices of $0.055 and $0.050, respectively, resulting in the retirement of all obligations [...]

Perisson Petroleum Corp. is pleased to announce the grant of 23,762,146 stock options to officers directors, employees and consultants pursuant to the Company's stock option plan. 6,200,000 of the options vest over a 3 year period, are exercisable at a price of $0.07 per share and expire in September 2024. 17,562,146 of the options are exercisable at a price of $0.0525 per share and expire in September 2022. The shares [...]

Perisson Petroleum today announces that, pursuant to the exemption provided in Alberta Securities Commission Blanket Order 51-517 -Temporary Exemption from Certain Corporate Finance Requirements published on March 23, 2020, and the equivalent substantively harmonized temporary exemptions in other jurisdictions , it will further postpone the filing of its interim consolidated financial statements and management's [...]

Perisson Petroleum Corp. is pleased to announce the closing of of an aggregate $2,185,000 of secured convertible debentures. The closing represents the first tranche of its previously announced $50,000,000 financing represented by the issuance of secured debentures in series. The secured convertible debentures series "A" will earn 10% simple interest per annum for five years and can be converted to common shares of the [...]

Perisson Petroleum Corp. announces that further to its news release dated April 29, 2020, the Company is expecting to file its audited financial statements and management discussion and analysis for the year ended December 31, 2019 by the extension date of June 16, 2020 pursuant to exemptive relief granted by the Canadian securities regulatory authorities that allows it to delay the filing of its annual documents required [...]

Perisson Petroleum Corp. would like to provide an update on COVID-19 matters and the status of the filing of annual and interim financial statements, accompanying management discussion and analysis and related CEO and CFO certifications. The COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. The Company's Board of Directors and Management are taking all necessary precautions to [...]

Perisson Petroleum Corp. is pleased to update its shareholders on current financing activities. The Company has received subscription agreements from subscribers for the issuance of 16,666,667 Class A common shares of the Company, at a market price of $0.06 per common share, for total proceeds of $1,000,000 . The Company is awaiting receipt of funds. Offering funds will be used for general corporate purposes. The Company [...]

Perisson Petroleum Corporation is pleased to update its shareholders concerning the planned conversion of all of its debt. Resulting from the debt conversions discussed below, the Company will be debt-free. The holders of the Company's outstanding $3,000,000 in convertible debentures have requested the Company, and the Company has agreed, to immediately convert the outstanding principal, interest and penalties, an [...]

Perisson Petroleum Corp. wishes to update its shareholders concerning the USD $50 million equity private placement , the planned conversion of its debt and operations in Colombia. In Colombia, Perisson through its subsidiary Monichal Sinoco SA, has submitted drilling plans to the Agencia Nacional de Hidrocarburos , the Colombian hydrocarbon resources regulator. The proposed drilling plan is to drill a slim hole well on [...]

CALGARY, ALBERTA / ACCESSWIRE / June 14, 2019 / Perisson Petroleum Corp. provides an update regarding the filing of its financial statements and corresponding management discussion and analysis for the year ended December 31, 2018 . As noted in the Company's press releases dated May 1, May 16, and May 30, 2019, the Company was unable to file the Financial Statements prior to the filing deadline of May 1, 2019 and at the [...]