Trillion Energy International Inc. TRLEF

Options/Warrants

[westshore]

Last =but not least....Number 24!
Could this be why this is stuck in the .10 -.14 range!? HAHA.!?
RE:
24. Subsequent events On July 3, 2024, the Company issued 2,000,000 units at CAD$0.09 per unit for gross proceeds of CAD$180,000. Each unit comprises one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share for CAD$0.18 for two years from the date of the closing of the offering. On July 5, 2024, the Company issued 150,000 units at CAD$0.09 per unit for gross proceeds of CAD$13,500. Each unit comprises one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share for CAD$0.18 for two years from the date of the closing of the offering. Cash finder’s fee of CAD$945 were paid and 10,500 finder’s warrants were issued. The finder’s warrants are exercisable into one common share at CAD$0.09 for two years from the closing of the offering. On August 12, 2024, the Company issued 8,800,000 Options to directors, management and key consultants. These options expire August 12, 2029 and are exercisable at CAD$0.14 per share.

A lot of debt and paper suckers flying around as of late!?!?

[mcnils]

The eternal warrants/options haggling for friends, family and major investors is a speciality of Art Halleran. International shareholders are sometimes excluded from participating for tax reasons. All dilution under other names.  Anyone who buys this share on the normal trading floor should think twice about what they are doing.

[Guytorule]

Absolutely,  this is a one main reason. This was the last Placement they did in July that took over 2 months to close raising a measly $2.7mm, and was done by CEO at a great discount of .09 cents, when market price was .12 cents. Another feeding their friends and associates and themselves who also participated. Great discount while retail investors were buying the stock at .12  13, .15