- 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.