Market Movers (8-K)
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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.
Worse than expected
Delay expected
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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.
Capital raise
Better than expected
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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.
Capital raise
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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.
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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.
Capital raise
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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.
Quarterly Earnings (10-Q)
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Permex Petroleum Corporation reported a net loss of $961,176 for Q3 2025, alongside a significant working capital deficiency and ongoing reliance on future capital raises, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
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Permex Petroleum Corporation reports a net loss of $3.14 million for the six months ended March 31, 2025, despite increased oil and gas sales revenue driven by the resumption of production at the Breedlove field.
Capital raise
Worse than expected
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Permex Petroleum Corporation's Q1 2025 shows increased revenue driven by resumed production at the Breedlove field, but a significantly widened net loss due to higher operating expenses.
Worse than expected
Capital raise
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Permex Petroleum's Q3 2024 results reveal a net loss of $1.25 million, impacted by production shutdowns and increased debt expenses.
Worse than expected
Capital raise
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Permex Petroleum Corporation reported a net loss for the second quarter of 2024, alongside decreased revenue and production, while navigating financial constraints and a recent cease trade order.
Worse than expected
Delay expected
Capital raise
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Permex Petroleum Corporation reported a net loss for the first quarter of fiscal year 2024, alongside ongoing efforts to address financial and operational challenges.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
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Permex Petroleum Corporation's annual report reveals a net loss, decreased revenue, and substantial doubt about its ability to continue as a going concern, despite efforts to secure financing and resume operations.
Capital raise
Worse than expected
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Permex Petroleum Corporation's annual report details its share structure, oil and gas properties, and reserve estimates as of September 30, 2023.
Delay expected
Capital raise
Worse than expected
Insider Trading (Form 4)
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Brad Taillon, President and CEO of Permex Petroleum Corp, files an amended Form 4 to correct a previous filing that erroneously reported a grant of 10,000 stock options.
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Director Richard H. Little of Permex Petroleum Corp acquired 20,000 employee stock options on October 2, 2024.
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Director Kevin K. Nanke of Permex Petroleum Corp acquired 15,000 employee stock options on October 2, 2024, exercisable for common stock.
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Permex Petroleum Corp's CEO, Brad Taillon, reports the acquisition of 25,000 employee stock options.
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Permex Petroleum Corp's CEO, Brad Taillon, reports the acquisition of 10,000 employee stock options on April 29, 2024.
New Public Companies (S-1)
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Permex Petroleum Corporation files an amended registration statement for a proposed public offering of common and pre-funded units to fund its oil and gas operations in the Permian Basin.
Delay expected
Worse than expected
Capital raise
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S-1/A: Permex Petroleum Seeks to Resell Shares Upon Conversion of Debentures and Exercise of Warrants
Permex Petroleum aims to register for resale up to 4,699,394 common shares related to convertible debentures and purchase warrants issued in a private placement.
Capital raise
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Permex Petroleum Corporation files an amendment to its Form S-1 registration statement for a proposed public offering of common and pre-funded units to facilitate a Nasdaq Capital Market listing.
Capital raise
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Permex Petroleum intends to register for resale up to 4,699,394 common shares issuable upon conversion of debentures and exercise of purchase warrants.
Capital raise
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Permex Petroleum Corporation is seeking to raise capital through a public offering of common and pre-funded units to fund its operations and pursue a Nasdaq listing.
Delay expected
Capital raise
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Permex Petroleum Corporation files Amendment No. 10 to its Form S-1 registration statement, signaling its intent to list on the Nasdaq Capital Market while addressing financial uncertainties.
Worse than expected
Capital raise