Permex Petroleum CORP 8-K filings

Permex Petroleum Corporation received a notice of default on its secured convertible debentures and announced the resignation of its CEO and CFO, replaced by the Chairman of the Board.

Permex Petroleum Corporation announced a non-binding agreement for up to $25 million in development capital and clarified debt lien priorities, while also receiving a waiver for a prior default.

Permex Petroleum Corporation has entered into an option agreement to acquire over 50 producing oil and natural gas wells and 20,000 net mineral acres for $3 million, advancing its Bitcoin mining strategy.

Permex Petroleum Corporation announced a non-binding Letter of Intent with 360 Energy to integrate in-field computing for natural gas monetization and cryptocurrency mining.

Permex Petroleum Corporation has closed a private placement of $2 million in 10% senior secured convertible debentures and warrants, aiming to fund drilling, development, and general working capital.

Permex Petroleum announces the resignation of its CFO, the appointment of an interim replacement, and the successful initial implementation of an operating arrangement in the Permian Basin.

Permex Petroleum has entered into an agreement to operate 19 wells in the Permian Basin, generating a new revenue stream through a monthly operating fee.

Permex Petroleum has appointed BaShara (Bo) Crystelle Boyd to its Board of Directors and confirmed Richard Little as Non-Executive Chairman, enhancing its leadership team.

Permex Petroleum closed a $4.27 million private placement, using a portion of the proceeds to repay $1.365 million in outstanding debentures and accrued interest.

Permex Petroleum Corporation has entered into a separation agreement with its former CEO, Mehran Ehsan, and approved a new long-term incentive plan for employees and directors.

Permex Petroleum has repriced its previously announced private placement, offering more warrants and a lower conversion price to attract investors.

Permex Petroleum Corporation announces the reinstatement of its shares for trading on the Canadian Securities Exchange, the termination of a previous private placement, and a new proposed private placement.

Permex Petroleum Corporation released its unaudited interim financial statements for the three and nine months ended June 30, 2024, revealing a net loss and ongoing financial difficulties, alongside strategic changes in management and board composition.

Permex Petroleum Corporation has appointed Richard Little and Kevin Nanke as new directors to its Board, effective August 26, 2024.

Permex Petroleum reported a reduced net loss for the three and six months ended March 31, 2024, despite facing significant financial constraints and a cease trade order.

Permex Petroleum Corporation reported the immediate resignations of two board members, John Lendrum and Douglas Urch, effective June 20, 2024, for personal reasons.

Permex Petroleum Corporation experienced the resignation of four board members and appointed its CEO as a director, effective June 12, 2024.

Permex Petroleum Corporation has announced a leadership change, with Mehran Ehsan stepping down as CEO and Bradley Taillon appointed as the new President and CEO, effective April 29, 2024.

Permex Petroleum Corporation has successfully completed a private placement, issuing $500,000 in convertible debenture units to bolster working capital and explore potential acquisitions.

Permex Petroleum plans to raise up to $20 million through a private placement of convertible debenture units to fund working capital and potential acquisitions.