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Torchlight Energy Resources Inc (TRCH.OQ)

TRCH.OQ on NASDAQ Stock Exchange Capital Market

1.09USD
20 Feb 2018
Change (% chg)

$-0.02 (-1.80%)
Prev Close
$1.11
Open
$1.11
Day's High
$1.12
Day's Low
$1.08
Volume
9,914
Avg. Vol
38,464
52-wk High
$1.96
52-wk Low
$0.95

Latest Key Developments (Source: Significant Developments)

Torchlight Announces Private Placement Of $4.5 Mln In Unsecured Promissory Notes
Tuesday, 13 Feb 2018 07:30am EST 

Feb 13 (Reuters) - Torchlight Energy Resources Inc ::TORCHLIGHT ANNOUNCES PRIVATE PLACEMENT OF $4.5 MILLION IN UNSECURED PROMISSORY NOTES.TORCHLIGHT ENERGY RESOURCES INC - PROMISSORY NOTES BEAR INTEREST AT RATE OF 12 PCT PER ANNUM AND MATURE ON APRIL 10, 2020.  Full Article

Torchlight Energy Resources files for mixed shelf offering‍​ of up to $75 mln
Friday, 25 Aug 2017 05:08pm EDT 

Aug 25 (Reuters) - Torchlight Energy Resources Inc :Torchlight Energy Resources Inc files for mixed shelf offering‍​ of up to $75 million - SEC filing.  Full Article

Torchlight announces private placement of $8 mln in unsecured promissory notes
Monday, 17 Apr 2017 08:00am EDT 

April 17 (Reuters) - Torchlight Energy Resources Inc -:Torchlight announces private placement of $8 million in unsecured promissory notes.Proceeds to be used to redeem $3.6 million of subordinated notes outstanding, to finance 2 wells in hazel project in midland basin.  Full Article

Torchlight Energy Resources unit entered into plan of merger with Line Drive Energy
Friday, 3 Feb 2017 04:06pm EST 

Torchlight Energy Resources Inc : On Jan 30, 2017 unit entered into, closed agreement, plan of reorganization, plan of merger with Line Drive Energy .Torchlight Energy Resources Inc - Under which agreements TAC merged with and into Line Drive and separate existence of TAC ceased-sec filing.  Full Article

Torchlight announces organizational changes
Thursday, 13 Oct 2016 09:16am EDT 

Torchlight Energy Resources Inc : Torchlight announces organizational changes . Torchlight Energy Resources added two independent members to its board of directors . Torchlight Energy Resources board has appointed Greg Mccabe to role of chairman of board . Torchlight Energy Resources - with appointments torchlight will have eight directors .Torchlight Energy Resources - Shockey and Barney are not expected to stand for re-election at Torchlight's annual meeting on December 8, 2016.  Full Article

Torchlight Energy Resources says sells $1 mln series c shares
Monday, 11 Jul 2016 08:30am EDT 

Torchlight Energy Resources Inc : Sold $1 million in shares of series C convertible preferred stock to a group of investors .Funds raised will be committed to drilling, completion of co's Hazel prospect located in permian's prolific midland basin.  Full Article