Press Releases
Summary
- Trillion Energy International Inc. ("Trillion" or the "Company") (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) wishes to announce that further to the Companys news release dated June 6, 2024 announcing the upsizing of its non-brokered private placement to 30,000,000 units (the "Units") at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 (the "Offering"), the Company has closed two additional tranches of the Offering. The Broker Warrants are non-transferable and are exercisable at $0.09 per share for a period of two years from the date of issuance. The Shares, Warrants and Broker Warrants issued in connection with the Fourth Tranche closing are subject to a hold period until October 20, 2024.Final Closing is expected to occur at the end of the week.Trillion Energy International Inc. is focused on oil and natural gas production for Europe and T\xfcrkiye with natural gas assetsin T\xfcrkiye. Trilliondoes not undertaketo update any forward- looking information except in accordance with applicable securities laws.These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficultto predict and which may change over time. These factors include unforeseen securities regulatory challenges, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increaseand be too costly so that it is uneconomic and not profitable to do so and other factors discussedfrom time to time in the Companys filings on www.sedarplus.ca, including the most recently filed Annual Report on Form 20-F and subsequent filings.