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 [...]
Permex Petroleum Corp. announces that it missed its filing deadline of January 28, 2024 to file the Company's audited annual financial statements and accompanying management's discussion and analysis, with related CEO and CFO certificates for the financial year ended September 30, 2023 , as required under applicable Canadian securities laws. The Company obtained a Management Cease Trade Order under National Policy 12-203 [...]
Permex Petroleum Corp. announces that the Company will be consolidating all of its issued and outstanding common shares on the basis of one post-consolidated Share for every four pre-consolidated Shares held . The Company's board of directors approved the Consolidation on September 13, 2023, and set October 23, 2023 as the effective date of the Consolidation. Trading of the Shares on a post-Consolidation basis on the [...]
Permex Petroleum Corp. , is pleased to announce the close of its warrant exercise program , as previously announced by the Company in its news releases dated May 18, 2023 and June 16, 2023 . Pursuant to the Program, the Company amended the outstanding unlisted common share purchase warrants of the Company to USD$2.86 per Eligible Warrant from May 18, 2023 to June 30, 2023 . Pursuant to the Program, an aggregate of 273,410 [...]
Permex Petroleum Corp. , is pleased to announce the extension of its early warrant exercise program , as initially announced by the Company in its news release dated May 18, 2023 . The Program was announced with the intention to encourage the exercise of up to 1,015,869 unlisted common share purchase warrants of the Company . Pursuant to the Program, the Company amended the exercise price of the outstanding Eligible [...]
Permex Petroleum Corp. announces that it has retained Renmark Financial Communications USA Inc. , an arm's length party to the Company, to provide investor relations services to the Company. Renmark was engaged to heighten market and investor awareness for the Company and broaden the Company's reach within the investment community. In implementing its investor relations program, Renmark employs a number of different [...]
Permex Petroleum Corp. , is pleased to announce the implementation of an early warrant exercise program intended to encourage the exercise of up to 1,015,869 unlisted common share purchase warrants of the Company , which were issued as part of the Company's private placements. Warrant Repricing and Exercise Incentive Program Pursuant to the Program, the Company will amend the exercise price of the following Eligible [...]
Permex Petroleum Corp. , is pleased to announce it will be presenting at the Gravitas 6th Annual Growth Conference taking place at the Fairmont Pacific Rim Hotel on Thursday, March 2nd, 2023, in Vancouver, British Columbia. Mehran Ehsan, President, Chief Executive Officer & Director, is scheduled to present on Thursday, March 2nd, 2023, at 11:30 AM PST. Mr. Ehsan will also be fielding investor questions, hosting [...]
Permex Petroleum Corp. , an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties on private, state and federal land in the United States, has received an updated independent reserve evaluation from MKM Engineering , effective November 21, 2022, that uses proved and probable reserve classifications that conform to the criteria established by the [...]