Company: TPET
Filing Date: 2025-09-12
Form Type: 10-Q
Source: 0001493152-25-013189
Chunk: 172

Company: Trio Petroleum Corp.
Filing Date: 2025-09-12
Form: 10-Q
Item: Part I, Item 8
Chunk 172
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 of the closing date.

24

Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

You
should read the following discussion and analysis of financial condition and operating results together with our condensed consolidated
financial statements and the related notes and other financial information included elsewhere in this quarterly report on Form 10-Q,
as well as our audited financial statements and related notes as disclosed in our Form 10-K/A for the year ended October 31, 2024, filed
with the SEC on April 15, 2025 (“our Form 10-K/A”). This discussion contains forward-looking statements that involve risks
and uncertainties. As a result of many factors, such as those in this Quarterly Report on Form 10-Q, as well as the risk factors set
forth in the section titled “Risk Factors” included in our Form 10-K/A, our actual results may differ materially from those
anticipated in these forward-looking statements. For convenience of presentation some of the numbers have been rounded in the text below.

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

CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS

This
Quarterly Report on Form 10-Q contains forward-looking statements that can involve substantial risks and uncertainties. All statements
other than statements of historical facts contained in this Quarterly 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. Risks, risk factors and uncertainties involved in forward-looking statements contained in this Form