Trillion Energy Expands Private Placement Amid Investor Demand

Trillion Energy International (TSE:TCF) has released an update.

Trillion Energy International Inc. has upsized its non-brokered private placement due to strong investor demand, increasing the offering from 20 million to 30 million units at $0.09 each, potentially raising up to $2.7 million. The company has completed the first two tranches of the offering, securing nearly $1.75 million in gross proceeds. Funds raised will support various corporate activities, including paying off debts and investor awareness programs.

For further insights into TSE:TCF stock, check out TipRanks’ Stock Analysis page.