0 seconds of 1 minute, 28 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:28
01:28
 
  • Trillion Energy International (TCF) has closed its previously announced private placement for total gross proceeds of $17,913,000
  • The offering was oversubscribed by almost $8 million
  • Dr. Art Halleran, CEO sat down with Shoran Devi to discuss the financing
  • Trillion Energy International Inc. is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria
  • Trillion Energy Internationa Inc. (TCF) opened trading at C$0.28 per share

Trillion Energy International (TCF) has closed its previously announced, oversubscribed private placement for total gross proceeds of $17,913,000.

The placement was increased from $10,000,000 to $17,913,000 due to a high demand.

Dr. Art Halleran, CEO sat down with Shoran Devi to discuss the financing.

“With the recent influx of funding we will be able to convert our gas reserves into revenue. This private placement is a giant step towards realizing that outcome. The strong demand for the company’s shares resulting in being oversubscribed by almost $8 million illustrates the value of the company’s SASB asset in the current economic environment.”

Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria.

Trillion Energy International Inc. (TCF) opened trading at C$0.28 per share.

More From The Market Online
ai generated stock image of copper

The looming copper supply and demand imbalance: An investor’s guide

Grid Battery Metals is a Canadian exploration company with a focus on exploration for high-value battery metals.
glasses pixabay

Almonty Industries: GBC starts coverage with ‘BUY’ and target price of C$4.20

Almonty Industries is reshaping the tungsten market with its flagship Sangdong mine in South Korea – set to reduce Western reliance on China.
ai generated stock image

@ the Bell: Markets rally to end the week

The TSX saw a modest rise on Friday, concluding a week marked by heightened tensions over US-China trade relations.