Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 444

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 1
Chunk 444
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 were a share price of $6.00, an exercise price of $7.90500, an expected term of 5
years, annualized volatility of 132.52%, a dividend rate of zero percent and a discount rate of 4.29%.

    F-25

A
summary of the warrant activity during the years ended October 31, 2024 and 2023 is presented below:

 SCHEDULE OF WARRANT ACTIVITY

    Weighted  

    Weighted  
    Average  

    Average  
    Remaining  

    Number
    of  
    Exercise  
    Life
    in  
    Intrinsic 

    Warrants  
    Price  
    Years  
    Value 

    Outstanding,
    November 1, 2022 
     -  
    $-  
     -  
    $- 
  
    Issued 
     238,803  
     20.77  
     3.1  
     - 
  
    Exercised 
     (145,065) 
     20.51  
     -   

    Cancelled 
     -  
     -  

    Expired 
     (5,402) 
     -  

    Outstanding,
    November 1, 2023 
     88,336  
     22.35  
     3.9  
     211,200 
  
    Issued 
     103,658  
     9.18  
     4.5  
     - 
  
    Exercised 
     -  
     -  
     -  
     - 
  
    Cancelled 
     -  
     -  
     -  
     - 
  
    Expired 
     -  
     -  
     -  
     - 
  
    Outstanding,
    October 31, 2024 
     191,994  
    $15.24  
     3.8  
    $47,160 

    Exercisable,
    October 31, 2024 
     191,994  
    $15.24  
     3.8  
    $47,160 

A
summary of outstanding and exercisable warrants as of October 31