Trillion Energy International SEC Filings

Trillion Energy International Inc. has advanced its earn-in commitments on the M47c,d onshore oil block in southeastern Türkiye by sending a cash payment of US$250,000. This amount fulfills a near-term obligation toward earning a 29% participating interest and will be applied to the block’s work program commitments.

The M47c,d block covers about 450 km² in the Cudi-Gabar petroleum province, an area with roughly 100 analogue wells targeting the same reservoirs Trillion plans to evaluate. The company also plans to present at the online Emerging Growth Conference on May 6, 2026, from 1:45 p.m. to 2:15 p.m. Eastern Time.

Trillion Energy International Inc. reports that the British Columbia Securities Commission has granted a management cease trade order (MCTO) related to its annual financial filings for the year ended December 31, 2025. The order restricts trading by certain insiders, including the CEO and CFO, but does not limit trading by other shareholders. Trillion is finalizing its annual financial statements, MD&A and related certifications and expects to file these Annual Filings on or about May 8, 2026. The delay stems from transitioning to a new independent qualified reserves evaluator and the extra time needed to complete the related reserves report, which was filed on SEDAR+ on April 30, 2026. The company states it continues to operate in the normal course, has no insolvency proceedings and is not aware of undisclosed material information.

Trillion Energy International Inc. reports that the British Columbia Securities Commission has granted a management cease trade order (MCTO) related to its annual financial filings for the year ended December 31, 2025. The order restricts trading by certain insiders, including the CEO and CFO, but does not limit trading by other shareholders. Trillion is finalizing its annual financial statements, MD&A and related certifications and expects to file these Annual Filings on or about May 8, 2026. The delay stems from transitioning to a new independent qualified reserves evaluator and the extra time needed to complete the related reserves report, which was filed on SEDAR+ on April 30, 2026. The company states it continues to operate in the normal course, has no insolvency proceedings and is not aware of undisclosed material information.

Trillion Energy International uses this update to link a sharp increase in global oil prices to the potential value of its M47 oil exploration project in Southeastern Türkiye. The company highlights an estimated loss of 9.1 million barrels per day of global supply, Brent crude trading above US$100 per barrel, and inventories moving toward all-time lows.

For M47, an independent evaluation effective December 31, 2025 assumed a 2026 Brent price of US$63.68 per barrel and yielded an unrisked NPV-10 of US$733.5 million net to Trillion’s 29% working interest. Management notes that M47’s 32.4° API light oil is priced near Brent, so current prices are supportive of project economics, and confirms US$15 million of earn-in spending commitments across 2026 and 2027.

Trillion Energy International uses this update to link a sharp increase in global oil prices to the potential value of its M47 oil exploration project in Southeastern Türkiye. The company highlights an estimated loss of 9.1 million barrels per day of global supply, Brent crude trading above US$100 per barrel, and inventories moving toward all-time lows.

For M47, an independent evaluation effective December 31, 2025 assumed a 2026 Brent price of US$63.68 per barrel and yielded an unrisked NPV-10 of US$733.5 million net to Trillion’s 29% working interest. Management notes that M47’s 32.4° API light oil is priced near Brent, so current prices are supportive of project economics, and confirms US$15 million of earn-in spending commitments across 2026 and 2027.

Trillion Energy International Inc. reported several corporate updates, including a 5:1 consolidation of its common shares. The consolidation will be effective at the open of markets on April 24, 2026, after which approximately 41,624,457 post-consolidation common shares will be outstanding, with all debentures, options and warrants adjusted on the same ratio.

The company will ring the Opening Bell at the Canadian Securities Exchange on April 23, 2026 to mark its five-year listing anniversary and will livestream the event. Trillion has repositioned around a single key asset, a 29% earn-in interest in the M47 oil exploration block in southeastern Türkiye, with an earn-in that includes funding US$15 million of work commitments across 2026 and 2027.

Trillion Energy International Inc. plans a non-brokered private placement of up to $2,000,000, issuing up to 13,333,333 units at $0.15 each, to fund near-term work on its M47 light oil exploration project in Türkiye and related corporate needs.

Each unit includes one common share and half a warrant, with whole warrants exercisable at $0.25 for one year. Concurrently, Trillion will complete a 5:1 share consolidation, cutting outstanding shares from about 208.1 million to roughly 41.6 million and adjusting all convertible instruments accordingly.

The M47 Concession, where Trillion can earn a 29% working interest, has been independently evaluated at 2C Contingent Resources of 27.6 million barrels and an unrisked NPV-10 of US$733.5 million net to the company, supporting the strategic focus of this financing and capital structure change.

Trillion Energy International Inc. reported a significant light oil discovery at its Çetinkaya-1 (C-1) exploration and appraisal well in Southeast Türkiye and plans a strategic realignment toward high-impact oil exploration. Wireline logs confirmed 32.4° API light oil within Cretaceous Beloka and Mardin Group carbonate reservoirs, with 38 metres of net pay identified in a 76.6‑metre gross interval. Testing after acid stimulation produced 32.4° API light oil with rising oil cuts, indicating mobile oil and a connected fracture system, though no sustained production test has yet been completed. The company plans a C-1 sidetrack to target the structural crest, believed to contain a thicker oil column, and highlights similarities between this block and nearby large onshore oil fields.

Trillion Energy International Inc. has agreed to sell all the shares of its subsidiary Park Place Energy Turkiye Limited, which holds its interests in the SASB natural gas project and the Cendere oil field. As part of the deal, approximately US$20 million of liabilities tied to these assets will be transferred to the buyer.

In return, Trillion will retain a 7% Gross Overriding Royalty on future production revenues from these licences. This royalty begins once cumulative gross revenues after closing exceed US$7,500,000, and any future sale of the licences will require payment to Trillion of 7% of the gross value attributed to them. The transaction removes substantial legacy obligations and ongoing capital and operating commitments from mature assets while preserving long-term upside through royalty income.

The company remains focused on oil and gas exploration in Türkiye and has an agreement to earn a 29% working interest in the M47 oil exploration block in the Cudi-Gabar petroleum province. The news release also references plans for a share consolidation, a corporate name change, and a strategic emphasis on oil exploration, all described as forward-looking and subject to various assumptions and risks.

Trillion Energy International Inc. provides a corporate update and outlines matters for its Annual General Meeting, including setting the board at four directors, electing directors, appointing auditors and approving a Long-Term Equity Incentive Plan.

The company is actively seeking buyers for its 49% working interest in the South Akcakoca Sub-Basin natural gas project in the Black Sea. It has also signed an agreement to earn a 29% working interest in the M47 oil exploration block in southeastern Türkiye in exchange for an investment of US$15 million across 2026 and 2027 work programs, subject to funding commitments. Previously announced farm-in agreements on the M47 and M46C/M46D blocks have been cancelled as the company continues to pursue additional oil and gas opportunities in Türkiye and the broader region.

Trillion Energy International Inc. has agreed with holders of its 12.0% convertible debentures to a debenture settlement structure through a Fourth Supplemental Indenture, conditional on completing a new equity financing. As of January 31, 2026, the debentures carried a total amount due of CAD$16,379,828.49, including CAD$14,999,000 principal and CAD$1,380,828.49 interest. The company plans a brokered prospectus equity offering for cash proceeds of at least CAD$10,000,000, to be completed on or before September 30, 2026. If this financing closes, the amounts due under the debentures will be settled as set out in the Fourth Supplemental Indenture, including revised conversion pricing linked to the lowest equity issue price under the financing. If the financing is not completed for at least the targeted amount by September 30, 2026, the supplemental indenture terminates and the full amount due, including any forgiven portion, becomes immediately payable.

Trillion Energy International Inc. has furnished a Form 6-K to provide investors with its consolidated interim financial statements for the three and nine months ended September 30, 2025 and 2024, along with the related Management Discussion and Analysis. These documents, filed in the SEDAR system and attached as exhibits 99.1 and 99.2, offer updated quarterly financial and operational information for the company.