TRILLION ENERGY ANNOUNCES INCREASE OF NON-BROKERED PRIVATE PLACEMENT AND FIRST AND SECOND TRANCHE CLOSINGS

Vancouver, B.C. , June 06, 2024 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company“) (CSE: TCF) (OTCQB:TRLEF) (Frankfurt: Z62) wishes to provide an update to its previously announced non- brokered private placement. Further to the Company’s news release dated May 27, 2024 and due to high investor interest, the Company is upsizing the private placement from 20,000,000 units to 30,000,000 units (the “Units“) at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 (the “Offering“). Each Unit is comprised of one common share of the Company (“Common Share“) and one share purchase warrant (“Warrant“), with each Warrant exercisable at a price of $0.18 per share for a period of two years from issuance (please see the Company’s news releases dated May 23, 2024 and May 27, 2024 for further details). Except for the following additional disclosure, the Company plans to proceed with the Offering as previously announced.

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