Trillion Energy Announces Debt Settlements
Rhea-AI Summary
Trillion Energy (OTCQB: TRLEF) proposes a debt-for-equity settlement issuing 3,572,376 common shares at $0.035 per share to settle $125,033.16 of debt owed to various consultants. The issued shares will be subject to a four-month-and-one-day hold period from issuance under Canadian securities rules. The transaction converts short-term liabilities to equity and preserves cash while increasing the company's share count.
Positive
- Converted $125,033.16 of debt into equity
- Issued 3,572,376 shares at $0.035 to preserve cash
- New shares carry a 4-month-and-1-day hold period
Negative
- Issued 3,572,376 new shares, increasing outstanding share count
- Share issuance at $0.035 may dilute existing shareholders
News Market Reaction – TRLEF
On the day this news was published, TRLEF gained 23.31%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2025) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company"), announces that it proposes to issue an aggregate of 3,572,376 common shares of the Company at
About the Company
Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is
Contact
Sean Stofer, Chairman
Brian Park, VP of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to 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 difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, 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 increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company's filings on www.sedarplus.ca, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedarplus.ca, and or request a copy of our reserves report effective December 31, 2024 and filed on April 25, 2025.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274674
FAQ
What did Trillion Energy (TRLEF) announce on November 14, 2025 about debt settlement?
How long is the hold period on shares issued in the TRLEF debt settlement?
How much debt will Trillion Energy (TRLEF) eliminate with the share issuance?
How many shares will Trillion Energy (TRLEF) issue and at what price for the debt settlement?
Will the TRLEF debt settlement affect existing shareholders?
Why did Trillion Energy (TRLEF) choose share issuance for the debt settlement?
