Latest news with #Trillion
Business Upturn
3 days ago
- Business
- Business Upturn
Trillion Energy Announces Debt Settlements
By GlobeNewswire Published on May 31, 2025, 05:00 IST Vancouver, B.C. , May 30, 2025 (GLOBE NEWSWIRE) — Trillion Energy International Inc. ('Trillion' or the 'Company') (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces that it proposes to issue an aggregate of 2,237,082 common shares of the Company in settlement of $101,854.10 in debt owed by the Company to consultants and an officer of the Company (the 'Debt Settlement'). The common shares will be subject to a four month and one day hold period from the date of issuance as per applicable Canadian securities legislation. In connection with the Debt Settlement, a total of 573,002 common shares of the Company are being issued for certain management services from an officer of the Company (the 'Insider Settlement'). The Insider Settlement is considered a 'related-party transaction' within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI 61-101'). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company's market capitalization. About the Company Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on , and our website. Contact Sean Stofer, ChairmanBrian Park, VP of Finance1-778-819-1585 E-mail: [email protected] Website: Cautionary Statement Regarding Forward-Looking Statements This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws. These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company's filings on including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
3 days ago
- Business
- Yahoo
Trillion Energy Announces Debt Settlements
Vancouver, B.C. , May 30, 2025 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. ('Trillion' or the 'Company') (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces that it proposes to issue an aggregate of 2,237,082 common shares of the Company in settlement of $101,854.10 in debt owed by the Company to consultants and an officer of the Company (the "Debt Settlement"). The common shares will be subject to a four month and one day hold period from the date of issuance as per applicable Canadian securities legislation. In connection with the Debt Settlement, a total of 573,002 common shares of the Company are being issued for certain management services from an officer of the Company (the "Insider Settlement"). The Insider Settlement is considered a 'related-party transaction' within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ('MI 61-101'). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company's market capitalization. About the Company Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on and our website. Contact Sean Stofer, ChairmanBrian Park, VP of Finance1-778-819-1585E-mail: info@ Cautionary Statement Regarding Forward-Looking Statements This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws. These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company's filings on including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024.
Malaysian Reserve
23-05-2025
- Entertainment
- Malaysian Reserve
RISE FESTIVAL INTRODUCES 'THE PATH' MEDITATIVE JOURNEY AND IMMERSIVE, LARGE-SCALE ART INSTALLATIONS
World-renowned artists HYBYCOZO, Whitaker Studio, and This is Loop among those to be featured at the Mojave Desert festival October 3rd, 4th and 5th, 2025 LAS VEGAS, May 23, 2025 /PRNewswire/ — As RISE Festival returns to the Mojave Desert for its 10th anniversary on October 3rd, 4th, and 5th, 2025, it is unveiling a visionary new experience for guests entering the festival grounds: The Path, an immersive, meditative journey through light, sculpture, and sound, that sets the tone for transformation before the first sky lantern is released. Anchoring this expanded artistic offering are large-scale installations by three of the world's most acclaimed visual artists: HYBYCOZO, Whitaker Studio, and This is Loop. Their towering works of light, motion, and interactivity invite guests into a shared space of awe, reflection, and play—defining a new visual era for RISE. 'This year, we wanted the experience of arriving at RISE to feel like crossing a threshold,' says RISE Art Director John Connors. 'The Path is the first step into the world of RISE—a moment to slow down, take in the surroundings, and enter a shared space that invites curiosity, reflection, and hope.' The Path: A Curated Ritual of Arrival Guests entering RISE Festival begin their journey with presence and stillness. The Path is a carefully curated experience of sculptural installations and wellness retreats designed to ground and uplift. It features: RISE Meditation Halos — beautifully designed wooden pergolas outfitted with daybeds and soft linen drapes, offering guests a tranquil space to relax, breathe, and meditate in the breathtaking Mojave Desert landscape. This serene threshold prepares the mind and body for the celebration that follows, creating a sense of purpose and intention from the very first step onto the festival grounds. New and Returning Artistic Experiences RISE's creative journey continues across the festival grounds with powerful new installations and returning favorites: 'Trillion' by HYBYCOZO – The acclaimed duo Yelena Filipchuk and Serge Beaulieu present towering geometric sculptures that explore the harmony of math, science, and natural patterns. As dusk falls, their structures radiate with internal light, casting evolving shadows that echo RISE's core themes of connection and transformation. 'Diamonds on the Desert' by HYBYCOZO – A collection of five geometric sculptures inspired by pyrite crystal formations. The largest stands over 12 feet tall. By day, their golden forms echo the desert's natural beauty; by night, internal lighting casts intricate patterns that transform the landscape into a luminous, meditative field. 'Desert Winds' by Whitaker Studio – Lyman Whitaker brings his celebrated kinetic wind sculptures—elegant, meditative works that dance with the desert breeze— to RISE, reminding visitors of their elemental bond with the natural world. 'Pulse' by This is Loop – The UK-based collective delivers kinetic, playful installations of light and energy that spark curiosity, joy, and movement—perfectly aligned with RISE's communal spirit. 'Mirrors of Reflection' by The RISE Collective – A new signature piece composed of 24 towering mirrored structures surrounding a central monolith inscribed with poetry. This striking ensemble becomes a sanctuary of introspection, poetic stillness, and shared reflection. 'Moons on the Horizon' by The RISE Collective – Two 10-foot steel moons, softly illuminated at the desert's edge, bringing a celestial glow to the landscape, symbols of duality, cycles, and the quiet mystery of the horizon. 'RISE HIGHER' by The RISE Collective – Four massive steel structures spelling out the word RISE, emerging from the desert floor, creating a bold and iconic photographic moment for festival guests. Together, these installations and The Path form a spiritual and visual gateway into RISE's milestone 10th year: a curated passage through beauty, silence, and inspiration that invites guests to fully arrive in the present moment. These immersive environments deepen storytelling and personal expression, enriching each guest's experience under the open desert sky. A World-Class Musical Lineup RISE Festival also features an extraordinary musical lineup with global icons RÜFÜS DU SOL, Calvin Harris, and John Mayer, each delivering transformative performances in one of the most inspiring natural settings on Earth. Ticket packages for the 10th RISE Festival are available in Silver, Gold, Platinum, and Diamond tiers. For tickets and more information, visit About RISE FestivalFounded in 2014, RISE is the world's largest sky lantern festival—a collective celebration that blends art, music, and light in an unforgettable shared experience in the Mojave Desert south of Las Vegas. Returning for its 10th anniversary October 3, 4, and 5, 2025, RISE is a luminous celebration of light, sound, and soul, bringing people together in a shared journey of elevation and joy. As a non-profit charitable event, RISE is a collaborative art project dedicated to advancing the arts through education, appreciation, and financial support for emerging artists around the world. Visit for more information. Media Contact:media@
Yahoo
23-05-2025
- Entertainment
- Yahoo
RISE FESTIVAL INTRODUCES 'THE PATH' MEDITATIVE JOURNEY AND IMMERSIVE, LARGE-SCALE ART INSTALLATIONS
World-renowned artists HYBYCOZO, Whitaker Studio, and This is Loop among those to be featured at the Mojave Desert festival October 3rd, 4th and 5th, 2025 LAS VEGAS, May 23, 2025 /PRNewswire/ -- As RISE Festival returns to the Mojave Desert for its 10th anniversary on October 3rd, 4th, and 5th, 2025, it is unveiling a visionary new experience for guests entering the festival grounds: The Path, an immersive, meditative journey through light, sculpture, and sound, that sets the tone for transformation before the first sky lantern is released. Anchoring this expanded artistic offering are large-scale installations by three of the world's most acclaimed visual artists: HYBYCOZO, Whitaker Studio, and This is Loop. Their towering works of light, motion, and interactivity invite guests into a shared space of awe, reflection, and play—defining a new visual era for RISE. "This year, we wanted the experience of arriving at RISE to feel like crossing a threshold," says RISE Art Director John Connors. "The Path is the first step into the world of RISE—a moment to slow down, take in the surroundings, and enter a shared space that invites curiosity, reflection, and hope." The Path: A Curated Ritual of Arrival Guests entering RISE Festival begin their journey with presence and stillness. The Path is a carefully curated experience of sculptural installations and wellness retreats designed to ground and uplift. It features: RISE Meditation Halos — beautifully designed wooden pergolas outfitted with daybeds and soft linen drapes, offering guests a tranquil space to relax, breathe, and meditate in the breathtaking Mojave Desert landscape. This serene threshold prepares the mind and body for the celebration that follows, creating a sense of purpose and intention from the very first step onto the festival grounds. New and Returning Artistic Experiences RISE's creative journey continues across the festival grounds with powerful new installations and returning favorites: "Trillion" by HYBYCOZO – The acclaimed duo Yelena Filipchuk and Serge Beaulieu present towering geometric sculptures that explore the harmony of math, science, and natural patterns. As dusk falls, their structures radiate with internal light, casting evolving shadows that echo RISE's core themes of connection and transformation. "Diamonds on the Desert" by HYBYCOZO – A collection of five geometric sculptures inspired by pyrite crystal formations. The largest stands over 12 feet tall. By day, their golden forms echo the desert's natural beauty; by night, internal lighting casts intricate patterns that transform the landscape into a luminous, meditative field. "Desert Winds" by Whitaker Studio – Lyman Whitaker brings his celebrated kinetic wind sculptures—elegant, meditative works that dance with the desert breeze— to RISE, reminding visitors of their elemental bond with the natural world. "Pulse" by This is Loop – The UK-based collective delivers kinetic, playful installations of light and energy that spark curiosity, joy, and movement—perfectly aligned with RISE's communal spirit. "Mirrors of Reflection" by The RISE Collective – A new signature piece composed of 24 towering mirrored structures surrounding a central monolith inscribed with poetry. This striking ensemble becomes a sanctuary of introspection, poetic stillness, and shared reflection. "Moons on the Horizon" by The RISE Collective – Two 10-foot steel moons, softly illuminated at the desert's edge, bringing a celestial glow to the landscape, symbols of duality, cycles, and the quiet mystery of the horizon. "RISE HIGHER" by The RISE Collective – Four massive steel structures spelling out the word RISE, emerging from the desert floor, creating a bold and iconic photographic moment for festival guests. Together, these installations and The Path form a spiritual and visual gateway into RISE's milestone 10th year: a curated passage through beauty, silence, and inspiration that invites guests to fully arrive in the present moment. These immersive environments deepen storytelling and personal expression, enriching each guest's experience under the open desert sky. A World-Class Musical Lineup RISE Festival also features an extraordinary musical lineup with global icons RÜFÜS DU SOL, Calvin Harris, and John Mayer, each delivering transformative performances in one of the most inspiring natural settings on Earth. Ticket packages for the 10th RISE Festival are available in Silver, Gold, Platinum, and Diamond tiers. For tickets and more information, visit About RISE FestivalFounded in 2014, RISE is the world's largest sky lantern festival—a collective celebration that blends art, music, and light in an unforgettable shared experience in the Mojave Desert south of Las Vegas. Returning for its 10th anniversary October 3, 4, and 5, 2025, RISE is a luminous celebration of light, sound, and soul, bringing people together in a shared journey of elevation and joy. As a non-profit charitable event, RISE is a collaborative art project dedicated to advancing the arts through education, appreciation, and financial support for emerging artists around the world. Visit for more information. Media Contact:media@ View original content to download multimedia: SOURCE Rise Festival
Reuters
10-04-2025
- Business
- Reuters
Beijing bites back at US tariffs by curbing Hollywood imports
BEIJING, April 10 (Reuters) - China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese goods. After three decades during which China annually imported 10 Hollywood movies, its National Film Administration said Trump's increase of tariffs on Chinese imports would further sour domestic demand for U.S. cinema in China after years of decline. "We will follow market rules, respect the audience's choices, and moderately reduce the number of American films imported," the NFA said on its website. Chris Fenton, author of "Feeding the Dragon: Inside the Trillion Dollar Dilemma Facing Hollywood, the NBA, and American Business", said the move was a "super high-profile way to make a statement of retaliation with almost zero downside for China". Hollywood films account for only 5% of the overall box office receipts in China's market. And worse for Hollywood, China taxes that small amount 50% before any revenues go back to the USA," Fenton told Reuters. Hollywood studios receive only 25% of China's box office whereas other markets give studios double that, he said. "Such a high-profile punishment of Hollywood is an all-win motion of strength by Beijing that will surely be noticed by Washington," Fenton added. In 1994, China began importing 10 American films each year through the internationally recognised revenue-sharing distribution model. Imports including "Titanic" and "Avatar" became box office smashes in the Chinese market, making actors such as Leonardo DiCaprio and directors such as James Cameron household names among Chinese film lovers across generations. China is the world's second largest film market. However, in recent years, as local entertainment culture has bloomed, the enthusiasm of Chinese audiences for Hollywood movies has waned. Since 2020, domestic films have consistently accounted for around 80% of annual box office revenue, up from around 60% previously. On China's all-time box office list, only one imported film ranks in the top 20 - "Avengers: Endgame", with revenue of 4.25 billion yuan ($579.83 million). The remaining films in the top 20 are all domestic productions. ($1 = 7.3297 Chinese yuan renminbi)
