Trillion Energy Announces Election to Issue Common Shares
From GlobeNewswire: 2025-04-25 17:19:00
Trillion Energy International Inc. announces an extraordinary resolution where holders of convertible debentures will receive common shares in lieu of cash, amend the maturity date, and continue to bear interest at a rate of 12% per annum. The issuance of common shares is subject to approval from the Canadian Securities Exchange. Additionally, the company proposes to settle $57,255 in debt by issuing 1,735,000 common shares at $0.033 per share to consultants. Trillion Energy focuses on natural gas production in Europe and Turkey with assets in Turkiye and Bulgaria, including ownership of the SASB natural gas field and the Cendere oil field.
Contact Corporate offices at 1-778-819-1585 or email info@trillionenergy.com for more information. This news release contains forward-looking statements and involves risks and uncertainties, including regulatory approval challenges, COVID impacts, oil and gas price fluctuations, and operational risks. Actual results may differ due to various factors, including technical conditions and economic viability. Visit www.sedarplus.ca for filings and reserves information.
Read more at GlobeNewswire: Trillion Energy Announces Election to Issue Common Shares