Trillion Energy Uncovers 32 API Light Oil, Raises $2 M for Exploration
Trillion Energy International reported a 32 API light oil discovery at its C-1 asset in Turkey, identifying a new hydrocarbon region. The company executed a 5-for-1 reverse stock split and launched a private placement to raise up to $2.00 million for M47 oil exploration.
1. Oil Discovery at C-1 Asset
Trillion Energy International discovered high-quality 32 API light oil at its C-1 asset in Turkey, pinpointing a new hydrocarbon region with promising production potential. This finding enhances the company’s exploration portfolio and underscores the strategic value of its Turkish concessions.
2. Reverse Split and Private Placement
On April 22, 2026, the company completed a 5-for-1 reverse stock split, consolidating five existing shares into one new share to optimize market positioning. Concurrently, it launched a private placement of up to 13.33 million units at $0.15 per unit, aiming to raise $2.00 million; each unit includes one common share and one-half warrant exercisable at $0.25 for one year.
3. CSE Anniversary and Opening Bell
To commemorate its five-year listing on the Canadian Securities Exchange, Trillion Energy will ring the opening bell on April 23, 2026. This milestone event highlights the company’s growth trajectory and continued engagement with its investor community.