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Trillion Energy (OTCQB: TRLEF) plans 5:1 consolidation, refocuses on M47 asset

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

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Insights

Trillion is tightening its share structure while focusing on a single oil asset.

Trillion Energy is implementing a 5:1 share consolidation, leaving about 41,624,457 common shares outstanding. This type of consolidation reduces the share count and increases the per-share price mechanically, without changing the company’s underlying value.

The company has divested legacy natural gas interests and centered its strategy on a 29% earn-in working interest in the M47 oil exploration block in Türkiye. The earn-in requires US$15 million of work commitments over 2026-2027, which will demand adequate funding and successful execution of the planned program.

Share consolidation ratio 5:1 consolidation Common shares effective at market open on April 24, 2026
Post-consolidation shares outstanding 41,624,457 shares Approximate common shares after consolidation, assuming no other capital changes
M47 earn-in working interest 29% interest Working interest in the M47 oil exploration block in southeastern Türkiye
M47 work commitments US$15 million Earn-in funding obligations for 2026 and 2027 work program
CSE listing anniversary 5 years Marked by ringing the Canadian Securities Exchange Opening Bell on April 23, 2026
OTCQB temporary symbol TRLED for 20 trading days Temporary OTCQB symbol following consolidation, expected to revert to TRLEF
share consolidation financial
"its previously announced 5:1 consolidation of its issued and outstanding common shares"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
NI 51-101 regulatory
"completing an independent NI 51-101 resource evaluation of the M47 block"
NI 51-101 is a Canadian securities rule that sets uniform standards for how public companies report oil and gas reserves, production and the methods used to estimate them, and requires independent, qualified evaluators for key figures. It matters to investors because it makes companies’ resource numbers comparable and more trustworthy—like standardized nutrition labels—so you can better judge value and risk without being misled by inconsistent or optimistic estimates.
earn-in interest financial
"our 29% earn-in interest in the M47 oil exploration block in southeastern Türkiye"
working interest financial
"an agreement to earn a 29% working interest in the M47 oil exploration block"
The working interest is the percentage ownership one party holds in an oil or gas lease that gives them the right to a share of production and also the obligation to pay a proportional share of exploration, development and operating costs. Think of it like owning a slice of a cake but also agreeing to pay part of the bill to bake it: a larger working interest means bigger potential revenue when wells produce, but also larger exposure to costs and liabilities if things go wrong.
forward-looking information regulatory
"This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws"
Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

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

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FAQ

What share consolidation is Trillion Energy (TRLEF) implementing?

Trillion Energy is implementing a 5:1 consolidation of its common shares. After the change on April 24, 2026, about 41,624,457 post-consolidation shares will be outstanding, and all debentures, options, and warrants will be adjusted on the same ratio.

When does Trillion Energy’s (TRLEF) share consolidation take effect?

The consolidation takes effect at the open of markets on April 24, 2026. From that date, trading will reflect the 5:1 share ratio, with approximately 41,624,457 common shares outstanding, assuming no other changes to the company’s issued capital.

What asset is now Trillion Energy’s (TRLEF) main strategic focus?

Trillion Energy has repositioned around a single focused asset: a 29% earn-in working interest in the M47 oil exploration block in southeastern Türkiye. The company completed an independent NI 51-101 resource evaluation of this block as part of its strategic refocus.

How much must Trillion Energy invest under the M47 earn-in agreement?

Under the M47 earn-in agreement, Trillion Energy must fund US$15 million of work commitments across 2026 and 2027. Meeting these commitments is required to earn its 29% working interest in the M47 oil exploration block in Türkiye’s Cudi-Gabar petroleum province.

What trading symbol changes accompany Trillion Energy’s consolidation?

On the CSE, Trillion Energy will continue trading under the symbol "TCF" with a new CUSIP and ISIN. On the OTCQB, its symbol will temporarily change to "TRLED" for 20 trading days before it is expected to revert back to "TRLEF."

Why is Trillion Energy ringing the Canadian Securities Exchange opening bell?

Trillion Energy has been invited to ring the Canadian Securities Exchange Opening Bell on April 23, 2026. The event marks the company’s five-year anniversary on the exchange and will be broadcast on both the company’s and the CSE’s official social media channels.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 21, 2026

 

Commission File Number: 000-55539

 

TRILLION ENERGY INTERNATIONAL INC.

(Translation of registrant’s name into English)

 

Suite 700, 838 West Hastings Street
Vancouver, BC, V6C 0A6
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

☒ Form 20-F   ☐ Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

On April 21, 2026, Trillion Energy International Inc. issued the news release filed herewith as Exhibit 99.1, to ring the opening bell at the CSE exchange and updates on corporate events.

 

Exhibit No.  
99.1 News Release April 21, 2026 – Trillion Energy to Ring at the Canadian Securities Exchange; Updates on Corporate Events

 

-2-

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

TRILLION ENERGY INTERNATIONAL INC.  
   
   
/s/ David Thompson  
David Thompson  
Director, Audit Committee Chair  
   
April 23, 2026  

 

-3-

  

 

Exhibit 99.1

 

 

Trillion Energy to Ring Opening Bell at the Canadian Securities Exchange; Updates on Corporate Events

 

April 21, 2026 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that it has been invited to ring the Opening Bell at the Canadian Securities Exchange (the “CSE”) for Thursday, April 23, 2026 - marking the Company’s five year anniversary on the exchange. The ceremony will take place at 9:30 a.m. ET and will be broadcast on the Company’s and the CSE’s official social media channels.

 

“Ringing the Opening Bell at the CSE marks an exciting turning point for Trillion,” said Scott Lower, President of Trillion Energy. “Over the past several months, we have repositioned the Company around a single focused asset, our 29% earn-in interest in the M47 oil exploration block in southeastern Türkiye, divesting our legacy natural gas interests and completing an independent NI 51-101 resource evaluation of the M47 block. We are pleased to share this milestone with our shareholders and the broader investment community.”

 

Share Consolidation Effective Date

 

Further to the Company’s news release dated April 17, 2026, the Company confirms that its previously announced 5:1 consolidation of its issued and outstanding common shares (the “Consolidation”) will take effect at the open of markets on Friday, April 24, 2026.

 

When the Consolidation is put into effect, a total of approximately 41,624,457 post-Consolidation Common Shares will be issued and outstanding, assuming there are no other changes in the issued capital of the Company. The aggregate number of Common Shares held by such holder will be rounded down to the nearest whole Common Share. All outstanding convertible instruments (including debentures, options and warrants) will be adjusted on the equivalent ratio. The CSE trading symbol will continue as “TCF” with a new CUSIP 89624B500 / ISIN CA89624B5009. The Company’s OTCQB symbol will temporarily change to “TRLED” for 20 trading days, after which it is expected to revert to “TRLEF”.

 

Registered shareholders will receive a letter of transmittal from the Company’s transfer agent, Odyssey Trust Company, with instructions regarding exchanging share certificates. Shares held in book-entry form through a broker or other intermediary will be adjusted automatically. Shareholders with questions regarding the Consolidation are encouraged to contact their broker or Odyssey Trust Company directly.

 

 

 

 

 

About Trillion Energy International Inc.

 

Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company’s website at www.trillionenergy.com.

 

Requests for further information should be directed to:

 

Scott Lower, President

Trillion Energy International Inc.

Suite 700, 838 West Hastings Street

Vancouver, B.C., V6C 0A6

Corporate offices: 1-778-819-1585

e-mail: info@trillionenergy.com

Website: www.trillionenergy.com

 

Cautionary Statement Regarding Forward-Looking Information

 

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the bell-ringing ceremony date, time and format; the Company’s strategic direction and focus on the M47 Concession; the Company’s earn-in obligations and work program commitments; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions including, without limitation: the availability of the CSE venue and livestream; JOC partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, that may cause actual results to differ materially, including: commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOC partner risk; access to financing; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.

 

*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*

 

 

 

Filing Exhibits & Attachments

2 documents