- Common shares of Permex Petroleum Corporation (OIL) are now eligible for electronic clearing and settlement through the DTC
- DTC eligibility allows the company’s existing U.S. investors to benefit from electronic clearing and settlement of its shares within the United States
- Permex Petroleum is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico
- Permex Petroleum Corporation (OIL) opened trading at C$0.185 per share
Common shares of Permex Petroleum Corporation (OIL) are now eligible for electronic clearing and settlement through the DTC.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.
Permex Petroleum is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico.
The company acquires, holds, manages, operates, and sells oil and gas properties.
Permex Petroleum Corporation (OIL) opened trading at C$0.185 per share.