Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 1024

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 4
Chunk 1024
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did not repurchase any of our equity securities during the period covered by this Annual Report.

ITEM
6. [RESERVED]

ITEM
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The
following discussion and analysis of the results of operations and financial condition of Trio Petroleum Corp. as of and for the years
ended October 31, 2024 and 2023 should be read in conjunction with our financial statements and the notes to those financial statements
that are included elsewhere in this Annual Report. This Management’s Discussion and Analysis of Financial Condition and Results
of Operations contains statements that are forward-looking. See “Item 7. Cautionary Statement Regarding Forward-Looking Information”
below. Actual results could differ materially because of the factors discussed in “Item 1A. Risk Factors” elsewhere in this
Annual Report, and other factors that we may not know.

Throughout
this report, the terms “our,” “we,” “us,” “TPET” and the “Company” refer
to Trio Petroleum Corp.

Cautionary
Note Regarding Forward-looking Statements

This
Annual Report contains forward-looking statements that can involve substantial risks and uncertainties. All statements other than statements
of historical facts contained in this Annual Report, including statements regarding our future results of operations and financial position,
business strategy, prospective products, product approvals, research and development costs, future revenue, timing and likelihood of
success, plans and objectives of management for future operations, future results of anticipated products and prospects, plans and objectives
of management are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors
that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements.

In
some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “contemplate,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“potential,” “predict,” “project,” “should,” “target,” “will,”
or “would” or the negative of these terms or other similar expressions, although not all forward-looking statements contain
these words. Forward-looking statements contained in this Annual Report include, but are not limited to, statements about:

●our
                                            ability to find, acquire or gain access to other discoveries and prospects and to successfully