Trillion Energy Extends Debenture Expiry and Completes Debt Settlement

Trillion Energy International ( (TSE:TCF) ) has issued an announcement.

Trillion Energy International Inc. has announced an extension to the expiry date of its convertible debentures from July 31, 2025, to October 31, 2025, with the interest rate remaining at 12% per annum. This extension, agreed upon by the majority of debenture holders, allows the company more time to manage its financial obligations without altering other terms of the debentures. Additionally, Trillion Energy has completed a debt settlement by issuing common shares to settle $386,295.42 in debt owed to its directors, officers, and consultants. This move, involving a related-party transaction, helps the company reduce its liabilities while adhering to regulatory requirements.

Spark’s Take on TSE:TCF Stock

According to Spark, TipRanks’ AI Analyst, TSE:TCF is a Neutral.

Trillion Energy International’s overall stock score reflects significant financial and technical challenges. Financial performance is the most impactful factor, with substantial losses and liquidity issues. Technical analysis further indicates bearish momentum, while the valuation metrics highlight a difficult outlook for investor returns. Although a recent corporate event suggests efforts to improve financial stability, these actions are insufficient to counter the prevailing negative factors.

To see Spark’s full report on TSE:TCF stock, click here.

More about Trillion Energy International

Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye, with natural gas assets in Türkiye. The Company holds a 49% stake in the SASB natural gas field, a Black Sea natural gas development, and a 19.6% interest in the Cendere oil field.

Average Trading Volume: 224,100

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$5.81M

See more data about TCF stock on TipRanks’ Stock Analysis page.