FAQ on Trillion Energy International Inc.'s Debt Settlement via Share Issuance
Summary
What is Trillion Energy International Inc. planning to do with its outstanding debt?
Trillion Energy International Inc. plans to settle $101,854.10 in outstanding debt by issuing 2,237,082 common shares to consultants and an officer of the company.
How many shares are being issued to an officer of the company and for what purpose?
573,002 shares are being issued to an officer for management services, classified as a ‘related-party transaction’ under Multilateral Instrument 61-101.
What is the hold period for the shares issued in the debt settlement?
The shares will carry a hold period of four months and one day in accordance with Canadian securities laws.
Why is the company exempt from formal valuation and minority shareholder approval requirements?
The company is relying on available exemptions because the value of insider participation remains below 25% of its market capitalization.
Where can I find more information about Trillion Energy International Inc.?
More information may be found on www.sedar.com and the company’s website.
What are Trillion Energy International Inc.’s main areas of focus?
Trillion Energy is focused on oil and natural gas production for Europe and Türkiye, with natural gas assets in Türkiye, including a 49% interest in the SASB natural gas field and a 19.6% interest in the Cendere oil field.
Where can I get the latest news and updates about Trillion Energy International Inc.?
The latest news and updates relating to TRLEF are available in the company’s newsroom at https://ibn.fm/TRLEF.
What is MiningNewsWire and how does it relate to this announcement?
MiningNewsWire is a specialized communications platform focusing on developments in the Global Mining and Resources sectors, part of the Dynamic Brand Portfolio @ IBN, which published the announcement about Trillion Energy International Inc.’s debt settlement.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at InvestorBrandNetwork (IBN)
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