Trillion Energy Settles $386,295 Debt Through Share Issuance to Management and Consultants

Trillion Energy International Inc. has announced the settlement of $386,295.42 in outstanding debt through the issuance of 7,725,908 common shares at a price of $0.05 per share to company directors, officers, and consultants. This strategic financial maneuver represents a significant step in the company's ongoing efforts to manage its financial obligations while maintaining regulatory compliance. The transaction includes a substantial related-party component, with 3.9 million shares being issued directly to management personnel, highlighting the company's approach to aligning internal stakeholders with the organization's financial health and long-term objectives.

The company successfully executed this transaction under MI 61-101 exemptions, which apply when the value of related-party transactions falls below 25% of the company's market capitalization. This regulatory framework allows companies to proceed with certain transactions involving insiders without requiring formal minority shareholder approval, provided specific conditions are met. All shares issued through this debt settlement arrangement are subject to a standard four-month-plus-one-day hold period as mandated by Canadian securities law, ensuring proper market regulation and protecting investor interests during the initial trading period.

Trillion Energy International, which trades on the Canadian Securities Exchange under the symbol TCF and on the OTCQB market as TRLEF, maintains its focus on oil and natural gas production operations primarily concentrated in Europe and Türkiye. The company continues to navigate the complex challenges and opportunities within the global energy sector while implementing strategic financial management practices. Additional information about this transaction and other corporate developments can be found in the company's official announcements available through their corporate profile at https://ibn.fm/Vttps.

This debt-to-equity conversion represents a practical approach to balance sheet management for energy companies operating in volatile market conditions. By converting outstanding obligations to equity, the company strengthens its financial position while maintaining cash reserves for operational requirements and strategic initiatives. The involvement of directors, officers, and consultants in this transaction demonstrates confidence in the company's direction and future prospects, as these stakeholders effectively exchange their financial claims for ownership positions in the organization.