# EDGAR Filing Document

**Accession Number:** 0001922639
**File Stem:** 0001493152-26-007974
**Filing Date:** 2026-2
**Character Count:** 16635
**Document Hash:** 7b0689e0dab2e03693061916534a52a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-007974.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001493152-26-007974

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260112

**ITEM INFORMATION**: Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Permex Petroleum Corp
- **CENTRAL INDEX KEY:** 0001922639
- **STANDARD INDUSTRIAL CLASSIFICATION:** DRILLING OIL & GAS WELLS [1381]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 981384682
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41558
- **FILM NUMBER:** 26674592

**BUSINESS ADDRESS:**
- **STREET 1:** 2950 NORTH LOOP WEST
- **STREET 2:** SUITE 500
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77092
- **BUSINESS PHONE:** 713-730-7797

**MAIL ADDRESS:**
- **STREET 1:** 2950 NORTH LOOP WEST
- **STREET 2:** SUITE 500
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77092

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT** 

**PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): **January 12, 2026**

**Permex Petroleum Corporation**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **British Columbia, Canada** | **001-41558** | **98-1384682** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **2950 North Loop West, Suite 500**<br> **Houston Texas** | **77092** |
| (Address of principal executive offices) | (Zip Code) |

---

**(713) 730-7797-8981**

(Registrant's telephone number, including area code)

**Not Applicable**

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.**

On January 28, 2026, Permex Petroleum Corporation (the "Company") received a notice of default (the "Notice") from the holders of its secured convertible debentures (the "Debentures") which were issued on November 1, 2024. As of the date of the Notice, the Debentures had an aggregate principal of $4,276,389 with interest accruing thereon at 10% per annum, and are secured by the Company's assets.

In the Notice, Mr. Jeffrey E. Eberwein, on behalf of himself and as collateral agent for all of the other holder of the Debentures, notified the Company that it was in default of its obligations under the Debentures by failing to make any payments on or before November 2, 2025, and made demand for immediate payment of all outstanding indebtedness under the Debentures. In the Letter, Mr. Eberwein further advised that unless payment is provided or alternative assurances and/or arrangements made by February 18, 2026, the Debenture holders will seek to enforce its rights and remedies under the Debentures, which may include repossession of its collateral.

A copy of the Notice is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

Effective January 12, 2026, Bradley Taillon resigned from his positions as the Company's Chief Executive Officer, President, and Interim Chief Financial Officer. Richard Little, the Chairman of the Company's board of directors, has been appointed to serve as the Company's Interim Chief Executive Officer and Interim Chief Financial Officer, effective January 12, 2026, while the Company evaluates strategic opportunities.

Richard Little, age 53, has served as a member of the Company's Board of Directors since August 2024 and as Chairman since December 2024. Mr. Little is the current Chief Executive Officer of Fury Resources, Inc., a privately held independent energy company, a position he has held since December 2023. Before Fury Resources, Mr. Little was the Chief Executive Officer of Battalion Oil Company (NYSE: BATL) and Halcon Resources Corporation from June 2019 to April 2023. Prior to Battalion Oil and Halcon Resources, Mr. Little served as Chief Executive Officer of Ajax Resources LLC from January 2018 to October 2018. Mr. Little was also Vice-President, Southern US Division of EP Energy. Mr. Little holds a Petroleum Engineering degree from Texas A&M, is a licensed engineer (inactive), and is engaged with industry organizations like SPE, API, and IPAA.

There are no family relationships between Mr. Little and any of our directors or executive officers. Except as set forth herein, there is no arrangement or understanding between Mr. Little and any other person pursuant to which Mr. Little was appointed as Interim Chief Financial Officer and Interim Chief Financial Officer of the Company. There are no related party transactions involving Mr. Little that are reportable under Item 404(a) of Regulation S-K.

**Item 8.01 Other Events.** 

On January 12, 2026, the Company issued a press release announcing the departure of Bradley Taillon as Chief Executive Officer, President, and Interim Chief Financial Officer of the Company and the appointment of Mr. Little as Interim Chief Executive Officer and Interim Chief Financial Officer of the Company. A copy of the press release is attached hereto as Exhibit 99.2.

On January 30, 2026, the Company issued a press release announcing its receipt of the Notice, and that the Company has not filed its audited annual financial statements for the year ended September 30, 2025, the related management's discussion and analysis, and its Form 52-109FV1 Chief Executive Officer and Chief Financial Officer certifications of annual filings by the regulatory deadline of January 28, 2026. A copy of the press release is attached hereto as Exhibit 99.3.

**Item 9.01. Financial Statements and Exhibits**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Notice of Default dated January 28, 2026](ex99-1.htm) |
| 99.2 | [Press Release dated January 12, 2026](ex99-2.htm) |
| 99.3 | [Press Release dated January 30, 2026](ex99-3.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**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 | Permex Petroleum Corporation |
| February 25, 2026 | By: | */s/ Richard Little* |
|  |  | Richard Little |
|  |  | Interim Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

January 28, 2026

Permex Petroleum Corporation

Attention: Richard Little

2911 Turtle Creek Blvd. Suite 925

Dallas TX 75219 USA

Permex Petroleum Corporation

Attention: Brad Taillon

1700 Post Oak Boulevard, 2 Blvd Place, Suite 600

Houston, Texas 77056

RE: NOTICE OF EVENT OF DEFAULT & DEMAND

Dear Permex Petroleum Corporation and its representative Mr. Richard Little:

With respect to those certain 10% Senior Secured Convertible Debenture issued by Permex Petroleum Corporation ("Borrower" or "Permex") on November 1, 2024 to (i) Jeffrey E. Eberwein in the original principal amount of $776,389; (ii) Kent Lindemuth in the original principal amount of $3,000,000; (iii) Mr. Jaigobind in the original principal amount of $150,000; (iv) Mr. Peckham in the original principal amount of $100,000; (v) Mr. Law in the original principal amount of $100,000; (vi) JP Exploration, LLC. in the original principal amount of $50,000; (vii) FREX GmbH in the original principal amount of $50,000; and (viii) Mr. Tallion in the original amount of $50,000 (the "**Debentures**"), all of which the Borrower is the maker, Borrower caused an event of default as of November 2, 2025, when no payments were made prior to this date. Mr. Eberwein, Mr. Lindemuth, Mr, Jaigobind, Mr. Peckham, Mr. Law, JP Exploration, LLC, FREX GmbH, and Mr. Tallion are all referred to herein as the **Debenture Holders**.

Eighty-seven (87) days have passed since the default occurrence, without any remittance of payment by Permex or alternative resolution between the Debenture Holders and Permex constituting an Event of Default under Section 6.1(a) and 6.1(b) of the Debentures.

Demand is made upon you for immediate payment of the entirety of the Principal as well as accrued interest thru the date of this letter, January 28, 2026. Please be apprised that interest will continue to run until the payments of all outstanding amounts have been received.

Please be advised, if (1) reasonable assurances of payment acceptable to the Debenture Holders is not received from the Borrower, (2) actual payment is not received by the Debenture Holders for the full amount outstanding, or (3) a strategy and remedy for addressing the Event of Default is not agreed upon by the Collateral Agent on behalf of the Debentures Holders and Permex, by 5:00pm on February 18, 2026; the Debenture Holders will begin to immediately pursue and enforce its rights and remedies to collect on the outstanding payments due under the Debentures, including repossession of the collateral, and other remedies provided at law, the Debentures, and related security agreements.

Accordingly, although demand is made for the full amount of the payment, we reserve the right to proceed on any of the remedies available to the Debenture Holders as set forth in the applicable Debentures, security agreements, and mortgage; as well as refrain from pursuit of any such remedies.

Sincerely,

/s/ Jeffrey E. Eberwein

Jeffrey E. Eberwein, on behalf of himself and as Collateral Agent for all Debenture Holders

## Exhibit 99.2

**Exhibit 99.2**

**Permex Petroleum Announces Resignation of President and CEO, Brad Taillon; Chairman of the Board, Richard Little, to Step in as Interim CEO**

Vancouver, British Columbia—(Newsfile Corp. - January 12, 2026) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("**Permex**" or the "**Company**") is announcing the resignation of its President, CEO and Interim Chief Financial Officer, Brad Taillon, effective as of January 12<sup>th</sup>, 2026. Brad intends to remain involved with the Company to help ensure a smooth leadership transition process. The Company's Chairman, Richard Little, will replace Brad as Interim CEO and CFO as the Company continues to evaluate strategic growth opportunities.

"I am very thankful for the opportunity to lead Permex over the past couple of years. I appreciate the support of the Permex stakeholders and for Rich and the rest of the Permex Board for its support of myself and of what we are trying to accomplish here. I wish nothing but the best for Permex and will do everything I can to help the company during this time and going forward," stated Brad Taillon.

Little has over 30 years of industry experience and a deep familiarity of the Company having served on its board since October 2024. Little commented "During this transition period, we will remain focused on maximizing the value of Permex and delivering for our stakeholders. On behalf of the entire board, I want to thank Brad for all his hard work and contributions to the Company over the last two years and wish him well with his future endeavors."

**About Permex Petroleum Corporation**

Permex Petroleum (CSE: OIL) (FSE: 75P) is a uniquely positioned junior oil & gas company with assets and operations across the Permian Basin. The Company focuses on combining its low-cost development of Held by Production assets for sustainable growth with its current and future Blue-Sky projects for scale growth. The Company, through its wholly owned subsidiary, Permex Petroleum US Corporation, is a licensed operator in both states, and owns and operates on private, state and federal land. For more information, please visit **<u>www.permexpetroleum.com</u>.**

***Contact Information***

**Permex Petroleum Corporation**

Richard Little

Interim President & Chief Executive Officer

(713) 730-7797

*Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.*

Forward-Looking Statements

## Exhibit 99.3

**Exhibit 99.3**

**Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial Statements**

VANCOUVER, BC, JANUARY 30, 2026 – Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") has received a Notice of Default from the holders of its secured convertible debentures (the "Debentures") which were issued on November 1, 2024. The Debentures have an aggregate principal of $4,276,389 with interest accruing thereon at 10% per annum, and are secured by the Company's assets.

In a letter dated January 28, 2026, Mr. Jeffrey E. Eberwein, on behalf of himself and as collateral agentfor all of the other debenture holders, notified Permex that it was in default of its obligations under the Debentures by failing to make any payments on or before November 2, 2025, and made demand for immediate payment of all outstanding indebtedness under the Debentures. Mr. Eberwein further advised that unless payment is provided or alternative assurances and/or arrangements made by February 18, 2026, the Debenture holders will seek to enforce its rights and remedies under the Debentures, which may include repossession of its collateral.

The Company reports that it has not filed its audited annual financial statements for the year ended September 30, 2025, the related management's discussion and analysis, and its Form 52-109FV1 CEO and CFO certifications of annual filings by the regulatory deadline of January 28, 2026.

***Contact Information***

**Permex Petroleum Corporation**

Richard Little

Director, interim CEO and interim CFO

Tel: (713) 730-7797

**Forward-Looking Statements**

<br> The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law. We seek safe harbor.