Trio Petroleum raises USD 19.02 million under ATM equity distribution agreement

Reuters
03/18
Trio Petroleum raises USD 19.02 million under ATM equity distribution agreement

Trio Petroleum said it raised USD 19.02 million in gross proceeds under its at-the-market equity distribution program, with net cash proceeds of USD 18.45 million after commissions. The company reported selling 19,202,455 shares of common stock under the program. Trio also said it had filed a prospectus supplement covering up to USD 3.6 million of common stock sales, and later amended it to increase the dollar amount that could be offered.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trio Petroleum Corp. published the original content used to generate this news brief on March 18, 2026, and is solely responsible for the information contained therein.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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