---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007974"
form_type: "8-K"
ticker: null
cik: "0001922639"
company_name: "Permex Petroleum Corp"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:28:42.033033+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Permex receives $4.28M debenture default notice, CEO resigns, annual financials unfiled

## Summary
- Default on $4,276,389 secured convertible debentures (10% interest) for failing to make payments due Nov 2, 2025.
- Debenture holders demand immediate payment; repossession of collateral possible if no arrangement by Feb 18, 2026.
- CEO, President, and Interim CFO Bradley Taillon resigned effective Jan 12, 2026; replaced by Chairman Richard Little as interim CEO and CFO.
- Company failed to file audited annual financial statements for year ended Sep 30, 2025 by regulatory deadline of Jan 28, 2026.
- Permex evaluating strategic opportunities amid leadership transition and default.

## SEC filing metadata
- accession: 0001493152-26-007974
- form_type: 8-K
- cik: 0001922639
- company_name: Permex Petroleum Corp
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- confidence: high
- sec_items: 2.04, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1922639/000149315226007974/0001493152-26-007974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1922639/000149315226007974/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007974
- JSON: https://secwatch.observer/filing/0001493152-26-007974.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007974.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.