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Trillion Energy International Inc. C.TCF

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

Energy Oil & Gas Drilling
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

Trillion Energy International Inc. > DEBT
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Comment by TheLandedEagleson Aug 18, 2023 3:24pm
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Post# 35595414

RE:DEBT

RE:DEBTYES!!!, TCF has DEBT...the last $15mm was a debt finance...SECURED by the way...in order to get that money... CEO pledged SASB assets to acquire those funds....at a 12% annual interest rate...they are now paying and going to pay interest going forward...I had indicated that a while ago...Whats most disturbing is CEO has with that debenture restricted the company to further future financing needed...thats the issue i had be concerned with and had mentioned on several occasions...So, read between the lines....Just saying and to be informative....
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