Announcement • Jun 10
Trillion Energy International Inc. announced that it has received CAD 1.5019 million in funding On June 9, 2026, closed the transaction. The company issued 10,012,668 units at a price of CAD 0.15 for gross proceeds of CAD 1,501,900.2. Each Unit is comprised of one common share of the Company and one-half of one share purchase warrant, with each Warrant exercisable at a price of CAD 0.25 per share for a period of one year from the date of issuance. In connection with the Offering, Trillion paid an aggregate of CAD 53,240.05 in cash finder’s fees and issued an aggregate of 286,134 non-transferable broker warrants (“Broker Warrants”). Each Broker Warrant entitles the holder to one Share and is exercisable at a price of CAD 0.25 per share for a period of one year from the date of issuance. The Shares, Warrants and Broker Warrants issued in connection with the Offering are subject to hold periods ranging from August 28, 2026, to October 6, 2026, in accordance with applicable securities laws and the policies of the CSE. The Offering remains subject to any applicable approval of the CSE. Announcement • May 05
Trillion Energy International Inc. announced delayed 20-F filing On 05/04/2026, Trillion Energy International Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • May 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 8.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Market cap is less than US$10m (CA$8.29m market cap, or US$6.11m). Minor Risk Revenue is less than US$5m (US$4.4m revenue).