Day: June 28, 2025
Vancouver, B.C., June 27, 2025 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces that it proposes to issue an aggregate of 7,725,908 common shares of the Company at $0.05 per share in settlement of $386,295.42 in debt owed by the Company to directors, officers and consultants of the Company (the “Debt Settlement“). The common shares will be subject to a four month and one day hold period from the date of issuance as per applicable Canadian securities legislation.
In connection with the Debt Settlement, an aggregate of 3,900,000 common shares of the Company is being issued for certain management services from directors and officers of the Company (the “Insider Settlement“).
The Insider Settlement is considered a “related-party...