other_material
confidence high
sentiment neutral
materiality 0.55
Trio Petroleum Corp. shareholders approve reduction in authorized shares from 500M to 150M at 2025 annual meeting
Trio Petroleum Corp
- Elected William J. Hunter and James H. Blake as Class III directors.
- Approved amendment reducing authorized common stock from 500M to 150M shares.
- Approved increase in shares reserved under 2022 Equity Incentive Plan to 2.5M with evergreen provision.
- Ratified Bush & Associates CPA LLC as independent auditor for fiscal year ending Oct 31, 2025.
- Quorum of 3,088,875 shares (~41.1%) present; all five proposals passed.
item 5.07item 9.01