Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 1760

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 8
Chunk 1760
---

The
accompanying notes are an integral part of these financial statements.

F-4

TRIO
PETROLEUM CORP.

STATEMENTS
OF CHANGES IN STOCKHOLDERS’ EQUITY

    Stock  
    Additional  
       
    Total 

    Common
    Stock  
    Subscription  
    Paid-in  
    Accumulated  
    Stockholders’ 

    Shares  
    Amount  
    Receivable  
    Capital  
    Deficit  
    Equity 
  
    Balance
    at November 1, 2023 
     1,552,328  
    $155  
    $(10,010) 
    $20,200,121  
    $(10,446,882) 
    $9,743,384 
  
    Issuance
    of common shares in lieu of cash payments on convertible notes 
     816,681  
     82  
     -  
     3,323,505  
     -  
     3,323,587 
  
    Issuance
    of common shares in lieu of cash payments on promissory notes 
     312,441  
     31  
     -  
     1,079,006  
     -  
     1,079,037 
  
    Issuance
    of common shares to consultants 
     107,500  
     11  
     -  
     738,289  
     -  
     738,300 
  
    Issuance
    of equity warrants related to convertible note 
     -  
     -  
     -  
     409,191  
     -  
     409,191 
  
    Issuance
    of commitment shares related to April 2024 Financings 
     75,000  
     8  
     -  
     667,492  
     -  
     667,500 
  
    Adjustment
    to common stock for warrants related to Resale S-1/A 
     (22,590) 
     (3) 
     -  
     3  
     -  
     - 
  
    Issuance
    of common shares related to ATM agreement, net