Permex Petroleum Corp. Announces Board and Executive Changes
Ticker: OILCF · Form: 8-K · Filed: Jun 18, 2024 · CIK: 1922639
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Permex Petroleum reshuffled its board and exec comp. Big changes coming?
AI Summary
Permex Petroleum Corporation announced on June 12, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory plans.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate underlying strategic shifts or governance issues that may affect the company's future performance and stability.
Key Players & Entities
- Permex Petroleum Corporation (company) — Registrant
- June 12, 2024 (date) — Date of earliest event reported
- 2911 Turtle Creek Blvd., Suite 925 Dallas, Texas 75219 (address) — Principal executive offices
- (469) 804-1306 (phone_number) — Registrant's telephone number
FAQ
What specific roles have changed among the directors and officers?
The filing indicates the departure of certain officers and directors, the election of new directors, and changes to compensatory arrangements for certain officers, but does not specify the exact roles that have changed.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on June 12, 2024.
What is Permex Petroleum Corporation's principal executive office address?
Permex Petroleum Corporation's principal executive office is located at 2911 Turtle Creek Blvd., Suite 925, Dallas, Texas 75219.
What is the registrant's telephone number?
The registrant's telephone number, including area code, is (469) 804-1306.
What is the SIC code for Permex Petroleum Corp?
The Standard Industrial Classification (SIC) code for Permex Petroleum Corp is 1381, which corresponds to Drilling Oil & Gas Wells.
Filing Stats: 646 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2024-06-18 15:14:09
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-24-024256.txt ( ) — 203KB
- oilcf-20240612.xsd (EX-101.SCH) — 3KB
- oilcf-20240612_lab.xml (EX-101.LAB) — 33KB
- oilcf-20240612_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Permex Petroleum Corporation June 18, 2024 By: /s/ Bradley Taillon Bradley Taillon Chief Executive Officer -3-