Trillion Energy Announces Debt Settlements

Core Points - Trillion Energy International Inc. proposes to issue 2,237,082 common shares to settle $101,854.10 in debt owed to consultants and an officer [1] - A total of 573,002 common shares are being issued specifically for management services from an officer, categorized as an Insider Settlement [2] - The Insider Settlement is classified as a related-party transaction under Multilateral Instrument 61-101, with exemptions from formal valuation and minority shareholder approval due to the fair market value not exceeding 25% of the company's market capitalization [3] Company Overview - Trillion Energy International Inc. focuses on oil and natural gas production in Europe and Türkiye, holding a 49% interest in the SASB natural gas field and a 19.6% interest in the Cendere oil field [4]