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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  TRLEF | C.TCF.WT

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by TheLandedEagleson Apr 05, 2023 11:41am
125 Views
Post# 35381133

RE:LOOKING GOOD.

RE:LOOKING GOOD.Clouder...with all due respect...they didnt buy anything at .60 cents...they have an option to convert their debenture at .60 cents, and they have up to April 2025...this is a bought deal that is a debt  debenture that pays 12% interest to the holders...they are making a freat return on their money..and may ....and I say may depending on outcomes and future events and share price at that time of a possible conversion...doesnt mean they bought at .60 cents...they currently bought nothing...they lent the company $15mm and the company is paying them a 12% interest rate of return....period...its a convertable debenture that at their option before April 2025 may convert their $15mm debt to equity...its at their discretion when ever, and must occure before April 2025....this is solely a loan...doesnt mean they will convert...they have a long time to think about coversion...and does not mean our share price will automatically go to that converse price.....
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