TRCH - Dividend announcements

PLANO, TX / ACCESSWIRE / June 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A Preferred Stock dividend on a 1 for 1 basis to its stockholders of record on June 24, 2021. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. The reverse split, which will become effective after market closing on June 25, 2021, was approved by the stockholders of Torchlight at its Special Shareholder meeting held on June 11, 2021. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the

PLANO, TX / ACCESSWIRE / June 21, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that Torchlight and Metamaterial Inc. ('Metamaterial') have agreed to extend the outside date by which Torchlight and Metamaterial must close their business combination transaction (the "Arrangement") to June 30, 2021. The extension provides time for the June 24, 2021 record date and the June 25th payment date of the special Series A Preferred Stock dividend, declared on June 14, 2021, to transpire.The payment date for the Series A Preferred Stock dividend will be June 25th. The Company expects to close the Arrangement no later than June

Announces Record Date of June 24thPLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight's common stock after the record date but before the dividend is paid). This Special Dividend is to be issued in connection with the previously announced business combination transaction with Metamaterial, Inc.Stockholders of record on June 24, 2021, will be enti

PLANO, TX / ACCESSWIRE / May 7, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that it has filed a definitive proxy statement for its special meeting of the stockholders (the "Stockholder Meeting") in connection with the previously announced business combination transaction with Metamaterial, Inc. Important dates relating to the Stockholder Meeting are as follows:Record date of stockholders entitled to vote: May 5, 2021Meeting date: June 11, 2021 (meeting will be virtual)Preferred stock dividend record date: To Be Determined, based on expected close of the transactionThe mailing process of the proxy materials has beg

PLANO, TX / ACCESSWIRE / May 3, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that Torchlight and Metamaterial Inc. ("Metamaterial") have agreed to extend the date by which Torchlight must give notice of and call its special meeting of stockholders (the "Stockholder Meeting") in connection with the previously announced business combination transaction with Metamaterial (the "Arrangement") to May 10, 2021. Torchlight and Metamaterial also agreed to extend the date by which Torchlight must hold the Stockholder Meeting to June 11, 2021, and the outside date for the Arrangement to June 18, 2021. Torchlight is waiting fo

PLANO, TX / ACCESSWIRE / April 15, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that it is continuing to work towards the completion of the regulatory requirements necessary to consummate the previously announced business combination (the "Arrangement") with Metamaterial Inc. ("Metamaterial"). Torchlight has filed its 2020 Annual Report on Form 10-K, parts of which are required to be incorporated by reference into the definitive proxy statement for the special meeting of Torchlight's stockholders in connection with the Arrangement. Torchlight expects to file a revised preliminary proxy statement with the SEC shortl

PLANO, TX / ACCESSWIRE / March 15, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that it is continuing to work towards the completion of the regulatory requirements necessary to consummate the previously announced business combination (the "Arrangement") with Metamaterial Inc. ("Metamaterial"). Torchlight will file its 2020 annual report on Form 10-K prior to filing the definitive proxy statement for the special meeting of Torchlight's stockholders in connection with the Arrangement. Torchlight expects to hold the special meeting within the next 30 to 60 days, and expects the closing of the Arrangement to occur in t