TRILLION ENERGY INTERNATIONAL ANNOUNCES TRADING UNDER NEW US STOCK SYMBOL: TRLEF

Rhea-AI Summary

Trillion Energy International Inc. (OTCQB: TRLEF) has successfully cleared FIRNA review and recommenced trading on OTC Markets under the new symbol TRLEF, following a temporary delay due to reapplication after a recent redomicile.

Trading continues on the Canadian Securities Exchange as TCF and in Frankfurt as Z62. CEO Arthur Halleran emphasized the exciting market conditions for energy producers in 2022, urging that this year will be transformative as the company ramps up production in European markets.

Positive

• Successful clearance of FIRNA review and recommencement of trading on OTC Markets under the new symbol TRLEF.
• CEO highlights transformative opportunities in 2022 for energy production, signaling potential growth.

Negative

• None.

News Market Reaction – TRLEF

-4.55%

-4.55% Session move

In the trading session that priced this news, TRLEF declined 4.55%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Company has now cleared FIRNA review and has recommenced trading on OTC Markets

Vancouver, B.C., May 02, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (Frankfurt: Z62) (OTCQB: TRLEF) is pleased to announce that it has recommenced trading on OTC Markets platform under the new stock symbol TRLEF. Our old symbol TCFF is now discontinued. The Company was unexpectedly required to reapply to FINRA after its redomicile transaction that was effective earlier this year which caused a temporary delay in obtaining its new foreign issuer stock symbol.

The Company also continues to trade on the Canadian Securities Exchange under the symbol TCF, and in Frankfurt as Z62.

Our CEO Arthur Halleran commented: “We are pleased to recommence trading in the US during these very exciting times in the energy markets for energy producers. 2022 will be a transformative year for our Company as we ramp up production in European markets.”

About the Company

Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property.

For further information, please see our website: www.trillionenergy.com or email us: info@trillionenergy.com. The Company’s NI 51-101 and other reports relating to its reserves as of December 31, 2020 are filed on www.sedar.com, www.thecse.com, as well as the Company’s website.

Contact
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com

FAQ

What is the new stock symbol for Trillion Energy International Inc.?

Trillion Energy International Inc. is now trading under the new stock symbol TRLEF on OTC Markets.

Why did Trillion Energy need to reapply to FINRA?

Trillion Energy was required to reapply to FINRA due to a redomicile transaction effective earlier this year, which caused a temporary delay.

Where else does Trillion Energy trade besides OTC Markets?

Trillion Energy continues to trade on the Canadian Securities Exchange under the symbol TCF and on Frankfurt as Z62.

What are the main assets of Trillion Energy?

Trillion Energy has multiple assets in Turkey and Bulgaria, including a 49% ownership in the SASB natural gas field and a 19.6% interest in the Cendere oil field.