CA Market News
4月前
CSE Bulletin: Suspensions - LOAN, OILFebruary 4, 2026 1:03 PM
Newsfile Toronto, Ontario--(Newsfile Corp. - Le 4 février/February 2026) - Effective immediately, the following companies are suspended pursuant to CSE Policy 3. The suspensions are considered Regulatory Halts as defined in National Instrument 23-101 Trading Rules. Cease Trade Orders have been issued by one or more securities commissions. For more information about Cease Trade Orders, visit the Canadian Securities Administrators Cease Trade Order database at www.securities-administrators.ca. _________________________________ En vigueur immédiatement, les sociétés suivantes sont suspendues conformément à la politique 3 du CSE. Les suspensions sont considérées comme des arrêts réglementaires au sens du Règlement 23-101 sur les règles de négociation. Un ordre d'interdiction d'opérations a été émis par une ou plusieurs commissions des valeurs mobilières. Pour en savoir plus sur les ordonnances d'interdiction d'opérations, visitez la base de données des ordonnances d'interdiction d'opérations des Autorités canadiennes en valeurs mobilières à www.securities-administrators.ca. Company Name/Nom de l'entreprise : Symbol/ Symbole : Securities Commission/Commission des Valeurs Mobilières Pegasus Mercantile Inc. LOAN British Columbia Securities Commission Permex Petroleum Corporation OIL British Columbia Securities Commission If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com. Si vous avez des questions ou si vous avez besoin d'informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l’adresse: Listings@thecse.com.
Original: CSE Bulletin: Suspensions - LOAN, OIL
CA Market News
4月前
Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial StatementsJanuary 30, 2026 7:12 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") has received a Notice of Default from the holders of its secured convertible debentures (the "Debentures") which were issued on November 1, 2024. The Debentures have an aggregate principal of $4,276,389 with interest accruing thereon at 10% per annum, and are secured by the Company's assets.In a letter dated January 28, 2026, Mr. Jeffrey E. Eberwein, on behalf of himself and as collateral agent for all of the other debenture holders, notified Permex that it was in default of its obligations under the Debentures by failing to make any payments on or before November 2, 2025, and made demand for immediate payment of all outstanding indebtedness under the Debentures. Mr. Eberwein further advised that unless payment is provided or alternative assurances and/or arrangements made by February 18, 2026, the Debenture holders will seek to enforce its rights and remedies under the Debentures, which may include repossession of its collateral.The Company reports that it has not filed its audited annual financial statements for the year ended September 30, 2025, the related management's discussion and analysis, and its Form 52-109FV1 CEO and CFO certifications of annual filings by the regulatory deadline of January 28, 2026. Contact InformationPermex Petroleum Corporation
Richard Little
Director, interim CEO and interim CFO
Tel: (713) 730-7797Forward-Looking StatementsThe CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282286
Original: Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial Statements
HighYieldStocks
4年前
$OILCF ... best comparable as far as company size, where it operates, etc. I think is Houston American Energy,
$HUSA
:
both primarily operate in the Permian.
Husa has 4 wells producing ~10 bopd.
Permex will have 20 online producing ~10bopd.
end of year. also permex is drilling 2 wells starting this month, these will do much better than 10 bopd (spraberry formation).
Husa can't secure fracking or Rigs (according to its 13f). permex has one for at least the 2 wells, maybe more, having the board we do is good for connections.
we have way, way, way more property for future exploration/production. 98% of 11700 acres, held by production (it's ours) .
Husa has a 21% working interest in 1500 acres.
obviously husa had a weird little run a few months ago, but it's settled in around the $4 mark which is still high imo. I think that puts permex atleast 4x undervalued, with a lot of great prospects for future growth beyond that.