Trillion Energy is opening a non-brokered private placement of up to C$2,000,000 to fund near-term work obligations under its Definitive Farm-In Agreement on the M47 oil block in southeastern Türkiye and general working capital.

The Offering

• Units: Up to 66,666,665 units at C$0.03 per unit pre-consolidation (C$0.15 post-consolidation)
• Each unit: 1 common share + ½ warrant
• Warrant: Exercisable at C$0.25 for one year from date of issue
• Finder commissions: The Company may pay cash commissions to qualified finders or agents of up to 8% of units sold.
• Hold period: Four months and one day  -  Subject to CSE approval
• Consolidation: Concurrent 5:1 share consolidation - 208,122,285 pre-consolidation shares, reducing to approximately 41,624,457 post-consolidation common shares. Fractional shares will be cancelled, and holdings rounded down to the nearest whole share. All outstanding convertible instruments (debentures, options, warrants) are adjusted on the same 5:1 ratio.

M47 Block - Cudi-Gabar, Southeastern Türkiye

Trillion has entered into a Definitive Farm-In Agreement to earn a 29% working interest in the M47 Concession (C3 and C4 licences), located in the Cudi-Gabar petroleum province of southeastern Türkiye. Two wells - Çetinkaya C-1 and C-2 - have confirmed 32.4° API light oil in the Cretaceous Mardin Group carbonate reservoir, the same carbonate group that Turkiye's 1-billion-barrel oil discovery produces from, just 11km away from the M47 Block.

An independent evaluation by Chapman Hydrogen and Petroleum Engineering Ltd., effective December 31, 2025, assigned 2C Contingent Resources of 27.6 MMbbl with an unrisked NPV-10 of US$733.5 million, and total unrisked contingent and prospective resources of approximately 40.5 MMbbl net to Trillion's 29% working interest. Contingent resources are not reserves. The NPV-10 is unrisked and does not reflect the probability of development or recovery. There is no certainty that any portion of the contingent resources will be developed.

Scott Lower, President, Trillion Energy:
“This financing provides the near-term capital needed to meet our M47 commitments and advance what we believe is one of the most compelling light oil exploration opportunities in Türkiye today. The simultaneous share consolidation is a deliberate capital markets decision — reducing our share count to bring our structure in line with peers and create a cleaner foundation as we execute our 2026 and 2027 drilling programs. We welcome both new and existing shareholders to participate at what we view as an attractive entry point ahead of active newsflow.”

Use of Proceeds

• M47 Concession work obligations: USD$250,000–$400,000, representing a portion of the US$9.5 million 2026 funding tranche
• Investor relations: CAD$20,000
• Offering expenses
• General working capital and corporate purposes

If the offering is not fully subscribed, proceeds will be applied first to M47 work obligations, then general working capital. If oversubscribed, units will be allocated pro rata. The Company retains the right to accept or reject subscriptions.

KeyFacts Energy: Trillion Turkey country profile