Trillion Energy Announces Name Change and New Trading Symbol

Trillion Energy International announced a corporate rebrand to Dune Oil Corp., effective August 4, 2026, signaling a strategic shift toward oil development and exploration. The company also set a new CSE trading symbol, DUNE, while noting there will be no share consolidation and shareholders need take no action. Separately, Trillion closed another tranche of its non-brokered private placement, issuing 1,030,000 units at CAD$0.15 for gross proceeds of CAD$154,500, and settled CAD$168,085.35 in debt by issuing 1,120,569 units. Proceeds will support work obligations on the M47 Concession in Türkiye, where the company has already paid US$800,000 toward commitments. The announcement is modestly positive for corporate positioning and financing execution, but the strategic pivot and continued dilution/debt settlement may temper investor enthusiasm.