other material
confidence high
sentiment negative
materiality 0.65
Trio Petroleum signs $4.8M ATM agreement with Spartan Capital; extends Peterson note and Asphalt Ridge option
Trio Petroleum Corp
- ATM Agreement with Spartan Capital Securities for up to $4.8M of common stock; 3% sales commission.
- Amendment No. 1 to Peterson Note extends maturity to Oct 28, 2024; adds $5,000 extension fee to principal.
- Amendment No. 3 to Asphalt Ridge Option extends expiry to Dec 10, 2024; option covers up to 20% of 960-acre Utah leases.