Trio Petroleum settles $392,700 legal fee debt by issuing 446,149 common shares to law firm

Trio Petroleum Corp

Company issued 446,149 restricted shares to McDermott Will & Schulte LLP to settle $392,700.23 in unpaid legal fees.
Shares priced at lower of $1.00 or 10% discount to 5-day VWAP; issued under Section 4(a)(2) exemption.
Company must file a resale registration statement within 20 days and use best efforts to get it effective within 45 days.
Mutual release of all claims effective upon filing of the registration statement; no admission of liability by Trio.
Settlement resolves all past due fee obligations and related legal disputes between the parties.

item 1.01 item 3.02 item 9.01

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form_type: 8-K
ticker: TPET
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company_name: Trio Petroleum Corp
filed_at: 2026-03-27T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.714205+00:00
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accession 0001493152-26-013097

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