Past year: ▼ 9%(1.70 – 3.60 USD)
Each one in plain English, with the numbers worked through for a shareholder.
25 June 2026debt default or forbearance▼ BadMajor
Permex's secured debenture holders, acting through collateral agent Jeffrey Eberwein, accelerated the $4,276,389 of 10% convertible debentures in April 2026 after the company failed to pay by 2 November 2025, and on 15 June served notice of a foreclosure sale over its Martin County, Texas oil and gas leases, set for 7 July 2026 at the county courthouse in Stanton.
25 Feb 2026debt financing▼ BadMajor
Permex missed the 1 November 2025 maturity on the 2024 debentures, and the holders - through collateral agent Jeffrey Eberwein - demanded immediate repayment of $4.28 million plus 10% interest and warned they would take the secured assets. Chief executive Bradley Taillon had resigned six weeks earlier, chairman Richard Little took over on an interim basis, and the audited 2025 accounts went unfiled.
9 Sept 2025material agreement▼ BadMajor
Permex's 2024 and 2025 secured lenders agreed to rank equally against the same collateral, and the 2024 holders signed a waiver amending their debentures - the first sign on the record that those notes were already in difficulty. The same day the company announced a non-binding understanding with Chisos Ltd over up to $25 million of Permian development funding.
5 Sept 2025material agreement▲ GoodMajor
For $75,000 Permex bought a six-month option over more than 50 producing wells, gathering facilities and 20,000 net acres held by Navidad Petroleum and TMR Exploration, exercisable at $3 million with at least $1.75 million of it in cash - money the company had no evident way of finding.
22 Aug 2025joint venture update● Neutral
A non-binding letter of intent with Texas-based 360 Energy to look at putting gas-powered bitcoin mining units on Permex well sites, so gas that would otherwise be flared or stranded earns something. Speculative and not yet a contract, and announced while the company was two months from being served with a default notice.
13 Aug 2025quarterly activities report▼ Bad
Permex Petroleum Corp reported quarterly revenue of $110 thousand and a net loss of $961 thousand for the period ended 2025-06-30.
17 July 2025capital raising announcement▼ BadMajor
A single investor put up $2 million for more 10% senior secured debentures, again charged over company assets, three and a half months before the 2024 debentures were due. Permex was borrowing fresh secured money while an earlier secured lender was still waiting to be repaid.
15 May 2025quarterly activities report▼ Bad
Permex Petroleum Corp reported quarterly revenue of $293 thousand and a net loss of $1.3 million for the period ended 2025-03-31.
11 Mar 2025securities registration● Neutral
Permex Petroleum Corp amended a filing by which it registered a securities offering with the SEC.
11 Mar 2025securities registration● Neutral
Permex Petroleum Corp filed the final prospectus for a registered offering.
25 Feb 2025securities registration● Neutral
Permex Petroleum Corp amended a filing by which it registered a securities offering with the SEC.
25 Feb 2025securities registration● Neutral
Permex Petroleum Corp amended a filing by which it registered a securities offering with the SEC.
14 Feb 2025quarterly activities report▼ Bad
Permex Petroleum Corp reported quarterly revenue of $123 thousand and a net loss of $1.8 million for the period ended 2024-12-31.
29 Jan 2025securities registration● Neutral
Permex Petroleum Corp registered a securities offering with the SEC.
22 Jan 2025securities registration● Neutral
Permex Petroleum Corp amended a filing by which it registered a securities offering with the SEC.
16 Jan 2025contract award▲ Good
Permex took over operating 19 Permian Basin wells for a private owner for a fee of up to $75,000 a month - income that ties up none of its own capital, which matters for a company that has very little.
8 Jan 2025director interest notice● Neutral
Bashara Crystelle Boyd became a Permex Petroleum Corp director and company insider (initial ownership filing).
30 Dec 2024late filing notice▼ Bad
Permex Petroleum Corp notified the SEC that its annual report would be filed late.
18 Nov 2024securities registration● Neutral
Permex Petroleum Corp filed notice of an exempt private placement.
7 Nov 2024capital raising announcement▼ BadMajor
Permex closed $4.28 million of 10% senior secured convertible debentures, but a third of that was not new money - just the April debentures rolled over - and the chief executive was among the subscribers. These are the notes due on 1 November 2025 that the company would fail to pay.
28 Oct 2024securities registration● Neutral
Permex Petroleum Corp amended a filing by which it registered a securities offering with the SEC.
22 Oct 2024director interest notice● Neutral
Brad Taillon became a Permex Petroleum Corp President and CEO and company insider (initial ownership filing).
7 Oct 2024director interest notice● Neutral
Permex Petroleum Corp director Kevin K Nanke received a stock option grant for 15,000 shares.
7 Oct 2024director interest notice● Neutral
Permex Petroleum Corp director Richard H Little received a stock option grant for 20,000 shares.
7 Oct 2024director interest notice● Neutral
Permex Petroleum Corp President and CEO Brad Taillon received a stock option grant for 25,000 shares.
27 Sept 2024late filing notice▼ Bad
Permex Petroleum Corp notified the SEC that its quarterly report would be filed late.
27 Sept 2024late filing notice▼ Bad
Permex Petroleum Corp amended its notice to the SEC that its quarterly report would be filed late.
26 Sept 2024late filing notice▼ Bad
Permex Petroleum Corp notified the SEC that its quarterly report would be filed late.
24 Sept 2024capital raising announcement▼ Bad
Nine days later the new raise was repriced: warrant strike cut from $4.90 to $1.91, conversion price from $4.08 to $1.91, and more than twice as many warrants per unit. Investors would not take the September terms.
13 Sept 2024capital raising announcement● NeutralMajor
Permex's shares resumed trading in Canada after the British Columbia regulator lifted a cease-trade order imposed in April for missing a year of financial statements. The company scrapped the February debenture raise and launched a replacement, this time paying 15%.
