Financing ·
Trillion Energy International Inc. announced a name change to Dune Oil Corp., effective August 4, 2026, reflecting a…
TRLEDTrillion Energy International Inc.
Trillion Energy International Inc. announced a name change to Dune Oil Corp., effective August 4, 2026, reflecting a strategic pivot to oil development and exploration. The company's trading symbol on the Canadian Securities Exchange will change to "DUNE." Concurrently, the company closed another tranche of its non-brokered private placement, issuing 1,030,000 units at $0.15 per unit for gross proceeds of CAD$154,500 and settling CAD$168,085.35 in outstanding debt with arm's length parties by issuing 1,120,569 units. Each unit consists of one common share and one-half of a warrant exercisable at CAD$0.25 per share for one year. Proceeds will fund work program obligations on the M47 Concession in Türkiye, audit, corporate purposes, and working capital. The company operates as an oil exploration company focused on Turkey.