Trio Petroleum Corp. Announces Appointment of James Blake to its Board of Directors, Strengthening Financial and Strategic Expertise
October 23 2024 - 7:30AM
Trio Petroleum Corp. (NYSE American: “TPET”, “Trio” or the
“Company”), a California-based oil and gas company, is pleased to
announce the appointment of James Blake to its Board of Directors.
James brings with him 30 years of experience in the financial
industry and holds a Bachelor of Commerce degree from the
University of Alberta. He is also a Chartered Financial Analyst
(CFA), with a distinguished career, having recently retired from a
major Canadian bank where he managed over $750 million in assets as
a portfolio manager. His expertise in financial markets, investment
strategies, and risk management will be an invaluable asset to Trio
Petroleum.
In addition to his extensive financial
experience, James has been deeply involved in the startup
ecosystem, both as an investor and in raising capital for
early-stage companies across various sectors. His capacity to
identify high-potential ventures, coupled with his financial
acumen, equips him with a diverse perspective that will benefit
Trio as the company looks to strengthen its position in the energy
market.
“James Blake’s wealth of knowledge in financial
management and his entrepreneurial insights align perfectly with
Trio’s strategic goals for growth and innovation,” said Robin Ross,
Chairman of the Board and CEO of Trio Petroleum Corp. “His
leadership and experience will be instrumental in supporting our
drive for sustainable growth, operational efficiency, and long-term
shareholder value. We are excited to welcome James to our
board.”
With his forward-thinking approach and a strong
track record in both traditional finance and the startup space,
James Blake’s appointment strengthens Trio Petroleum’s commitment
to corporate governance, strategic direction, and the creation of
sustainable value for its investors.
About Trio Petroleum Corp.
Trio Petroleum Corp. is an oil and gas
exploration and development company headquartered in Bakersfield,
California, with operations in Monterey County, California, and
Uintah County, Utah. In Monterey County, Trio owns an 85.75%
working interest in 9,245 acres at the Presidents and Humpback
oilfields in the South Salinas Project, and a 21.92% working
interest in 800 acres in the McCool Ranch Field. In Uintah County,
Trio owns a 2.25% working interest in 960 acres and options to
acquire up to a 20% working interest in the 960 acres, in an
adjacent 1,920 acres, and in the greater 30,000 acres of the
Asphalt Ridge Project.
Cautionary Statement Regarding
Forward-Looking Statements
All statements in this press release of Trio
Petroleum Corp. (“Trio”) and its representatives and partners that
are not based on historical fact are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995 and the provisions of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended (the “Acts”). In particular, when used in the
preceding discussion, the words "estimates," "believes," "hopes,"
"expects," "intends," “on-track”, "plans," "anticipates," or "may,"
and similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Acts and are
subject to the safe harbor created by the Acts. Any statements made
in this press release other than those of historical fact, about an
action, event or development, are forward-looking statements. While
management has based any forward-looking statements contained
herein on its current expectations, the information on which such
expectations were based may change. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of risks, uncertainties, and other
factors, many of which are outside of the Trio's control, that
could cause actual results to materially and adversely differ from
such statements. Such risks, uncertainties, and other factors
include, but are not necessarily limited to, those set forth in the
Risk Factors section of Trio’s Annual Report on Form 10-K and
Amendment No. 1 thereto, both filed with the Securities and
Exchange Commission (SEC). Copies are of such documents are
available on the SEC's website, www.sec.gov. Trio undertakes no
obligation to update these statements for revisions or changes
after the date of this press release, except as required by
law.
Investor Relations Contact:Redwood Empire
Financial CommunicationsMichael Bayes(404) 809
4172michael@redwoodefc.com
Trio Petroleum (AMEX:TPET)
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