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MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Upsizes, Closes Nonbrokered Private Placement

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, has upsized the nonbrokered private placement it announced previously. According to the company, the private placement will comprise up to 30 million units at a price of $0.09 per unit; the placement could result in an estimated $2.7 million in gross proceeds. In addition, Trillion Energy noted that it has closed the remaining tranches of the offering. “Each unit is comprised of one common share of the company and one share purchase warrant, with each warrant exercisable at a price of $0.18 per share for a period of two years from issuance,” said the company in the press release. “Combined with the closing of the first four tranches, the company has now issued an aggregate of 27,197,863 units and raised an aggregate of gross proceeds of $2,447,807.67 in the offering. The company has also issued an aggregate of 6,594,590 units and 1,009,388 shares in settlement of debt owed by the company in the aggregate amount of $687,733.32.”

To view the full press release, visit https://ibn.fm/rHXBD

About Trillion Energy International Inc.

Trillion Energy is focused on oil and natural-gas production for Europe and Türkiye with natural gas assets in Türkiye. The company is 49% owner of the SASB natural gas field, a Black Sea natural-gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The company has a farmin to earn 50% interest in three oil exploration blocks in S.E. Türkiye. For more information, visit the company’s website at www.TrillionEnergy.com.

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
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Editor@MiningNewsWire.com

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