Trio Petroleum Corp (TPET) 8-K Summary
Asset Acquisition Completed on November 3, 2025, involving the purchase of oil/gas assets in Vermilion County, Alberta, from Capital Land Services Ltd.
- Purchase Price: CD\(150,000 cash + CD\)150,000 in equity.
- Equity Issued: 104,227 restricted shares of common stock (issued under Reg. D exemption).
Critical Operational Shift: To meet Alberta Energy Regulator (AER) licensing requirements, well licenses were transferred to Novacor Exploration Ltd., an experienced operator.
To compensate the original Seller for actin
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