Multiple buying at Permex Petroleum (OIL)

Multiple buying at Permex Petroleum (C:OIL)

Mehran Ehsan, a Senior Officer and Director, acquired 730,000 Common Shares on a direct ownership basis at a price of $0.150 through a prospectus or prospectus exempt offering on May 8th, 2019. This represents a $109,500 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Barry Leslie Francis Whelan, a Senior Officer and Director, acquired 142,000 Common Shares on a direct ownership basis. This represents a $21,300 investment into the company's shares and an account share holdings change of 32.3%. Douglas Charles Urch, a Director, acquired 100,000 Common Shares on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Earl Gerard Tobin, a Deemed Insider, acquired 13,333 Common Shares also on a direct ownership basis. This represents a $2,000 investment into the company's shares and an account share holdings change of 54.4%.

Permex Petroleum is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Permex Petroleum Corp is a Canada-based Oil & Gas company with assets and operations across the Permian Basin of west Texas and the Delaware Sub-Basin of south east New Mexico. The Company has a current focus on identifying, evaluating and acquiring oil and natural gas assets in North America and enhancing and developing its oil and natural gas assets in Texas and New Mexico.