Mr. Scott Lower reports

TRILLION ENERGY ANNOUNCES NAME CHANGE AND NEW TRADING SYMBOL

Trillion Energy International Inc. has arranged a name change to Dune Oil Corp., which will be effective on Aug. 4, 2026. The name change reflects the company's strategic pivot to oil development and exploration representing a new direction for the company.

The company's new trading symbol will be DUNE on the Canadian Securities Exchange. The new Cusip number for the company's common shares will be 265342105 and the new ISIN (international securities identification number) will be CA2653421057.

The company has been advised by the CSE that the common shares will commence trading under the new name and new trading symbol effective at the opening of trading on Aug. 4, 2026.

The name change will not affect the rights of the company's shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing common shares in the capital of the company will not be affected by the name change and will not need to be exchanged.

Private placement update

The company also announces that, further to its previously announced non-brokered private placement, as described in the company's April 17, 2026, and June 9, 2026, news releases, it has closed another tranche with the issuance of 1.03 million units at 15 cents per unit for gross proceeds of $154,500 and settled $168,085.35 in outstanding debt with arm's-length parties with the issuance of 1,120,569 units. Each unit comprises one common share of the company and one-half of one share purchase warrant, with each warrant exercisable at a price of 25 cents per share for a period of one year from the date of issuance.

The shares and warrants issued in connection with this tranche of the offering are subject to hold period until Nov. 21, 2026, in accordance with applicable securities laws and the policies of the CSE. The offering remains subject to any applicable approval of the CSE.

Proceeds from the offering will be used to finance contractual work program obligations on the M47 concession, toward which the company has paid a total of $800,000 (U.S.) toward work commitments, audit and general corporate purposes, investor relations activities, the expenses of the offering, and general working capital.

About Trillion Energy International Inc.

Trillion Energy International is a Canadian oil exploration company focused on Turkey. The company has an agreement to earn up to a 29-per-cent working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of southeastern Turkey.

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