Permex Petroleum Corp.

Permex Petroleum Corp. is pleased to announce that the Company's Board of Directors has approved the appointment of BaShara Crystelle Boyd to serve on the Board effective December 23rd, 2024. In addition, the Company has confirmed Richard Little as Non-Executive Chairman of the Board. "Permex is very fortunate to have Richard leading our Board of Directors. His experience as the Chief Executive of both private and public [...]

New management and Board of Director leadership puts operations back on track Since April 2024, approximately US$4.2mm in new capital raised Production back online at Breedlove asset; on pace to exceed previous production rates Compliant with reporting requirements in both Canada and the United States for the first time since summer of 2023. Permex Petroleum Corp. is pleased to provide a summary of recent developments as [...]

Permex Petroleum Corp. is pleased to announce that on November 1, 2024 the Company closed the first tranche of its previously announced private placement of convertible debenture units of the Company for gross proceeds of US$4,276,389. The terms of the Offering were announced by the Company on September 9, 2024 and September 18, 2024. Pursuant to the First Tranche, the Company issued 4,276 Units, with each Unit consisting [...]

Permex Petroleum Corp. is pleased to announce today that, further to its news release on September 9, 2024, the Company is repricing its previously announced non-brokered private placement of up to 18,635 convertible debenture units of the Company . Each Unit consists of one convertible debenture in the principal amount of US$1,000 and 523 common share purchase warrants . Each Warrant is exercisable for a period of five [...]

Permex Petroleum Corp. is pleased to announce today that the common shares of the Company will be reinstated for trading on the Canadian Securities Exchange , effective September 9th, 2024, in connection with the revocation of the Company's cease trade order issued by the British Columbia Securities Commission on April 16, 2024. The CTO was issued due to the Company's failure to file its audited and interim financial [...]

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 [...]