Trio Petroleum raises USD 19.02 million under ATM equity distribution agreement

Reuters03-18

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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