InvestorNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Adjusts 2023 Financial Statements, Reduces Reported Net Loss
Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has reissued its 2023 consolidated financial statements to correct a classification error, reducing its net loss for the year to $43,842 from the previously reported $1,102,194. The adjustment stems from a foreign exchange loss on intercompany accounts, which under IAS 21 should have been recorded as other comprehensive loss rather than net loss. Despite changes to several financial statement…