Trillion Energy International Inc. has announced a debt settlement strategy involving the issuance of 2,237,082 common shares valued at $101,854.10 to consultants and company officers. The transaction includes a notable related-party component, with 573,002 shares allocated to an officer for management services.
The share issuance follows standard Canadian securities regulations, with the shares subject to a four-month and one-day hold period. The company has carefully structured the transaction to comply with Multilateral Instrument 61-101, leveraging available exemptions from formal valuation and minority shareholder approval requirements.
By utilizing stock issuance as a debt settlement mechanism, Trillion Energy demonstrates financial flexibility and a strategic approach to managing corporate obligations. The transaction's design ensures minimal disruption to existing shareholders, as the insider participation remains below 25% of the company's market capitalization.
This debt resolution reflects the company's ongoing financial management in the competitive oil and natural gas production sector, where Trillion Energy maintains significant interests in Türkiye. The company holds a 49% stake in the SASB natural gas field in the Black Sea and a 19.6% interest in the Cendere oil field, positioning itself as an active player in regional energy exploration and production.
The share issuance provides multiple strategic benefits, including debt reduction, potential alignment of officer interests with company performance, and preservation of cash reserves. For investors and industry observers, this transaction signals the company's proactive approach to financial structuring and resource management in a dynamic energy market.
