Company: TPET
Filing Date: 2025-03-14
Form Type: 10-Q
Source: 0001493152-25-010362
Chunk: 130

Company: Trio Petroleum Corp.
Filing Date: 2025-03-14
Form: 10-Q
Item: Part I, Item 4
Chunk 130
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Evaluation
of Disclosure Controls and Procedures

Our
management, with the participation and supervision of our Chief Executive Officer and our Chief Financial Officer, have evaluated our
disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act as of the end of the period covered
by this Quarterly Report on Form 10-Q. Based on that evaluation, our Chief Executive Officer and our Chief Financial Officer have concluded
that, as of the end of the period covered by this Quarterly Report on Form 10-Q, our disclosure controls and procedures were effective
to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act
is recorded, processed, summarized, and reported within the time periods specified in SEC rules and forms, and that such information
is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate,
to allow timely decisions regarding required disclosure.

Changes
in Internal Control over Financial Reporting

There
were no changes in our internal control over financial reporting that occurred during our first fiscal quarter ended January 31, 2025
that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART
II. OTHER INFORMATION

Item
1. Legal Proceedings

We
are not currently subject to any legal proceedings.

Item
1A. Risk Factors

There
                                            have been no other material changes to the risk factors set forth in the section titled “Risk
                                            Factors” included in our Annual Report on Form 10-K for the year ended October 31,
                                            2024, which was filed with the SEC on January 17, 2025 (“2024 Annual Report”).
                                            Our business involves significant risks. You should carefully consider the risks and uncertainties
                                            described in our 2024 Annual Report, together with all of the other information in our 2024
                                            Annual Report and in this Quarterly Report on Form 10-Q, as well as our audited financial
                                            statements and related notes as disclosed in our Amendment No. 2 to Annual Report on Form
                                            10-K/A filed with the SEC on February 27, 2025.

31

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

None, except as reported
on Current Reports on Form 8-K filed by the Company during the quarterly period covered by this report.

Item
3. Defaults Upon Senior Securities