Trillion Energy Closes Private Placement, Settles Debt, Extends Warrants

Trillion Energy International Inc. announced the closing of a private placement, raising CAD$1.5 million in cash and settling CAD$1.07 million in debt through the issuance of units. The company also announced an extension for 2,124,515 warrants by one year. Trillion Energy is seeking to upsizes its private placement to CAD$3.5 million to fund its work commitments on the M47 Concession in Turkey and for general corporate purposes. Additionally, the company has engaged Independent Trading Group for market-making services.