Company retires remaining outstanding convertible investments

Bakersfield, ca, jan. 16, 2025 (globe newswire) -- trio petroleum corp (nyse american: “tpet”, “trio” or the “company”), a california-based oil and gas company, announced that as of january 7,2025, the company had fully repaid senior secured convertible promissory notes with an aggregate principal of $1.6 million (the “notes”). the notes were issued in connection with two separate financings funded by two institutional investors (the “investors”) in in april 2024 and june of 2024.
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