Permex Petroleum Corporation (ticker: OIL) has completed its initial public offering of 8,135,500 common shares at a price of $0.50 per share for proceeds of $4,067,750.

The shares were listed on the Canadian Securities Exchange (CSE) on May 15, 2018 and started trading this morning (May 17, 2018) under the ticker "OIL."
Returning shut in wells to production in the Midland, Permian, Delaware, Fort Worth basins
The company’s business model is to use proceeds from the offering to enhance and develop existing properties by returning shut in w...


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