Permex Petroleum Corporation (“Permex” or the “Company”) announces that it has hired Renmark Financial Communications USA Inc. (“Renmark”), a third party with no business relationship to the Company (“Renmark”), to offer investor relations services (the “Services”) to the Company.
Renmark was hired to increase the company’s visibility among investors and the market, as well as to extend the company’s reach. Renmark uses a variety of contact channels, including as emails and live phone conversations, to carry out its investor relations program. For an extra setup charge, Renmark can arrange virtual non-deal roadshows for senior management in regions around the United States, Canada, and Europe in order to contact new prospective investors. Renmark will also make sure that current and new shareholders are informed about the company in a timely manner, and it will deliver papers and fact sheets to potential shareholders online.
The Company hired Renmark for an initial seven-month period (the “Initial Term”) that started on May 1, 2023. If the term is not terminated in accordance with the terms of the parties’ investor relations agreement (the “Agreement”), it will automatically extend each month after the Initial Term.
During the Initial Term, the Company will pay Renmark a monthly charge of USD $9,000 (the “Monthly Service Fee”) in exchange for the Services. Throughout the Initial Term, the Monthly Service Fee is due on the first of every month. In accordance with the provisions of the Agreement, Renmark is also qualified for repayment for any costs that were indubitably incurred.
The Company and Renmark interact without interference, and Renmark has no direct or indirect ownership stake in the Company or its securities, and neither party has any current plans to acquire such a stake.
the company Permex Petroleum
A strategically positioned junior oil and gas company, Permex Petroleum has properties and activities in both the Delaware Sub-Basin of New Mexico and the Permian Basin of West Texas. The Company focuses on integrating its scale-growing Blue-Sky projects with its ongoing and upcoming Held by Production assets for sustainable growth. The Company is a licensed operator in both states and owns and operates on private, state, and federal property via its fully owned subsidiary, Permex Petroleum US Corporation. Visit for further details. A full-service investor relations company, Renmark Financial Communications represents small, medium, and large size public firms listed on all major North American markets. In order to help their customers effectively reach their milestones, Renmark helps link their clients with important stakeholders. Toronto, Montreal, New York, and Atlanta all have offices for Renmark.