Update Regarding US Trading Status on OTC Markets

March 14, 2022 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (Frankfurt: 3P2N) is pleased to provide this update regarding its trading status on the OTC Markets. Trillion was required to file a corporate action application with the Financial Industry Regulatory Authority (“FINRA”) as a result our recent re-domestication from Delaware to British Columbia.  With no notice to the Company, FINRA erroneously processed the application to remove our quotation from the OTC Markets. FINRA informed us that a new form 211 application was required to resume trading. We are now in the process of filing a new form 211 and have engaged a sponsoring market maker to do so. We are also coordinating with the OTC Markets.  We expect to have the stock resume trading within two weeks in the US market and will provide further updates when available.  Our stock remains trading on our primary market, the Canadian Securities Exchange under the symbol TCF, as well as the Frankfurt market.

About the Company

Trillion Energy is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property.

For further information, please see our website: www.trillionenergy.com  or email us: info@trillionenergy.com. The Company’s NI 51-101 and other reports relating to its reserves as of October 31, 2021, are filed on www.sedar.com,  www.thecse.com, as well as the Company’s website.

Contact

Art Halleran: 1-250-996-4211

Corporate offices: 1-778-819-1585

e-mail: info@trillionenergy.com

Website: www.trillionenergy.com