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Vancouver, British Columbia--(Newsfile Corp. - December 30, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company's Board of Directors (the "Board") has approved the appointment of BaShara (Bo) 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.
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that on November 1, 2024 the Company closed the first tranche (the "First Tranche") of its previously announced private placement (the "Offering") of convertible debenture units of the Company (the "Units") 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.
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") 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 (the "Offering") of up to 18,635 convertible debenture units of the Company (each, a "Unit"). Each Unit consists of one convertible debenture (a "Debenture") in the principal amount of US$1,000 and 523 (previously 245) common share purchase warrants (each, a "Warrant").
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce today that the common shares of the Company will be reinstated for trading on the Canadian Securities Exchange (the "Exchange"), effective September 9th, 2024, in connection with the revocation of the Company's cease trade order (the "CTO") 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 statements, the related management's discussion and analyses, and the related certifications for the year ended September 30, 2023, and the interim period ended December 31, 2023, respectively (together, the "CTO Financial Statements").
Oil futures climbed on Wednesday, lifting U.S. prices up a ninth straight session to settle at a fresh high for the year. Prices got a boost from upbeat U.S. economic data and recent decisions by Saudi Arabia and Russia to extend their voluntary production cuts to the end of the year.
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