Permex receives foreclosure notice on $4.28M debenture; sale set for July 7, 2026

Permex Petroleum Corp

Foreclosure sale of oil & gas leases in Martin County, TX scheduled for July 7, 2026 at 10 a.m.
Debentures aggregate principal $4,276,389 with 10% annual interest; default declared Nov 2, 2025.
Notice of acceleration sent April 13, 2026 demanding immediate payment of all sums due.
Company previously disclosed default; debenture holders now enforcing remedies against secured assets.

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