Company: TPET
Filing Date: 2025-02-28
Form Type: S-1/A
Source: 0001493152-25-008715
Chunk: 5

Company: Trio Petroleum Corp.
Filing Date: 2025-02-28
Form: S-1/A
Chunk 5
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 amount of the securities. Because there is no minimum offering amount required as a
condition to closing in this offering the actual public offering amount, placement agent fees, and proceeds to us, if any, are
not presently determinable and may be substantially less than the total maximum offering amounts set forth above and throughout this
prospectus. We have agreed to pay the Placement Agent the placement agent fees set forth in the table below. See “Plan of Distribution”
in this prospectus for more information.

|                            |     | Per Share |     | Per        
 Pre-Funded 
 Warrant    |     | Total(2) |
|:---------------------------|:----|:----------|:----|:-----------|:----|:---------|
| Public offering price      |     | $         |     | $          |     | $        |
| Placement agent fees       
 (7.5%)(1)                  |     | $         |     | $          |     | $        |
| Proceeds, before expenses, 
 to us                      |     | $         |     | $          |     | $        |

| (1) | In                                                                                                                                    
 connection with this offering, we have agreed to pay to Spartan as placement agent a cash fee equal to 7.5% of the gross proceeds     
 received by us in the offering; provided, however,                                                                                    
 that we will pay placement agent fees equal to 3.0% per share, with respect to any investors in this offering introduced by           
 us (the “Company Introduced Investors”). Table assumes that there are no Company Introduced Investors. We have                        
 also agreed to pay Spartan a non-accountable expense allowance of 0.5% of the gross proceeds received by us in the offering and to    
 reimburse Spartan for all expenses related to the offering up to $150,000 for reimbursement of legal expenses and other out-of-pocket 
 expenses in connection with its engagement as placement agent See “Plan of Distribution.”                                             |
| (2) | Assumes                                                                                                                               
 investors purchase only Shares and no Pre-Funded Warrants in this offering.                                                           |

Investing in our securities involves a high degree of risk. See the section entitled “Risk Factors” beginning on page 20 of the prospectus. You should carefully consider these risk factors, as well as the information contained in this prospectus, before you invest.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus