Trillion Energy Announces Asset Disposition and Royalty Agreement

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z620)  ("Trillion" or the "Company") announces that, through a subsidiary it has entered into a sale agreement for all the issued and outstanding shares of Park Place Energy Turkiye Limited ("PPET"), which owns the Company's licence interests in the South Akcakoca Sub-Basin (SASB) natural gas project and the Cendere oil field ("the Licences"). Key elements of the sale transaction include: Transfer of approximately US$20 million in associated liabilities of PPET to the purchaser and retention of a 7% Gross Overriding Royalty (GORR) on future production revenues from the Licences to be paid to Trillion.