Permex Petroleum Corp.

Permex Petroleum Corp. is pleased to announce that the Company's Board of Directors has approved the appointment of Richard Little and Kevin Nanke to serve on the Board effective as of August 26, 2024. Mr. Little is the current CEO of private operator, Fury Resources. Before Fury Resources, Mr. Little was the CEO of public operator Battalion Oil Company . He possesses more than a quarter century of industry experience [...]

Permex Petroleum Corp. announces the appointment of Brad Taillon, CEO of Permex, to the Board of Directors , effective June 12, 2024. The Company previously announced on April 29, 2024, the appointment of Mr. Taillon as President and CEO of Permex. Mr. Taillon has a wealth of experience working in operations and finance for both public and private junior Oil & Gas companies, particularly those focused on US and Permian [...]

Permex Petroleum Corp. announces that it has closed a second tranche of its previously announced non-brokered private placement , whereby the Company issued 865 convertible debenture units of the Company to one subscriber for gross proceeds of US$865,000. Further to the Company's news releases dated April 15, 2024 and May 29, 2024, the Company has raised total gross proceeds of US$1,365,000 through the sale of 1,365 Units [...]

Permex Petroleum Corp. announces that it has applied to the British Columbia Securities Commission for a partial revocation of the failure-to-file cease trade order that was issued by the BCSC against the Company on April 16, 2024 for failing to file certain outstanding continuous disclosure documents in a timely manner . If the Partial Revocation Order is granted, the Company intends to complete a second tranche of its [...]

Permex Petroleum Corp. announced today the appointment of Mr. Bradley Taillon by the Board of Directors as the new President and Chief Executive Officer of the Company. Mr. Taillon has a wealth of experience working in operations and finance for both public and private junior Oil & Gas companies, particularly those focused on US and Permian Basin growth and development. Mr. Taillon's appointment follows the resignation of [...]

Permex Petroleum Corp. is pleased to announce that the Company has closed its previously announced private placement of convertible debenture units of the Company for gross proceeds of US$500,000. Pursuant to the Offering, the Company issued 500 Units, with each Unit consisting of one convertible debenture in the principal amount of US$1,000 and one common share purchase warrant . Each Warrant is exercisable for a period [...]

Permex Petroleum Corp. is providing an update with respect to the management cease trade order issued by the British Columbia Securities Commission on January 30, 2024, as previously announced by the Company in news releases dated January 31, 2024, February 19, 2024 and February 28, 2024. The MCTO was issued by the BCSC in connection with the delay by the Company in filing its audited annual financial statements and [...]

Permex Petroleum Corp. is issuing this news release to clarify certain statements contained in its earlier news release issued today with respect to the Company's convertible debenture financing. The Company inadvertently issued the Initial News Release, and advises that the Initial News Release should be disregarded in its entirety and replaced by the following disclosure regarding the convertible debenture financing [...]

Permex Petroleum Corp. is pleased to announce that the Company intends to complete a private placement of convertible debenture units of the Company for gross proceeds of up to US$[20,000,000]. Each Unit will consist of one convertible debenture in the principal amount of US$1,000 and [one] common share purchase warrant . Each Warrant will be exercisable for a period of 24 months from the date of issuance for one common share of the [...]

Permex Petroleum Corp. is providing an update with respect to the management cease trade order issued by the British Columbia Securities Commission on January 30, 2024, as previously announced by the Company in a news release dated January 31, 2024. The MCTO was issued by the BCSC in connection with the delay by the Company in filing its audited annual financial statements and accompanying management's discussion and [...]