Torchlight Energy Resources Inc.

Torchlight Energy Resources Inc. today announced that Torchlight and Metamaterial Inc. have agreed to extend the outside date by which Torchlight and Metamaterial must close their business combination transaction 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 [...]

Torchlight Energy Resources Inc. 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. 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 [...]

Torchlight Energy Resources Inc. today announced the results from the special meeting of its stockholders, which was held virtually earlier today in connection with the previously announced business combination transaction with Metamaterial, Inc. A quorum was present at the special meeting and based on the preliminary results of the votes received in person and by proxy, all five proposals to be voted on at the special [...]

Torchlight Energy Resources Inc. today announced that stockholders representing 46% of the Torchlight shares eligible to vote at the special meeting to be held on June 11, 2021 in connection with the previously announced business combination transaction with Metamaterial, Inc. have already voted their shares. The record date for the special meeting was May 5, 2021, and only stockholders of record as of the Record Date are [...]

Torchlight Energy Resources today announced that it has filed a definitive proxy statement for its special meeting of the stockholders in connection with the previously announced business combination transaction with Metamaterial. Important dates relating to the Stockholder Meeting are as follows: Record date of stockholders entitled to vote: May 5, 2021 Meeting date: June 11, 2021 Preferred stock dividend record date: To [...]

Torchlight Energy Resources Inc. today announced that Torchlight and Metamaterial Inc. have agreed to extend the date by which Torchlight must give notice of and call its special meeting of stockholders in connection with the previously announced business combination transaction with Metamaterial to May 10, 2021. Torchlight and Metamaterial also agreed to extend the date by which Torchlight must hold the Stockholder [...]

Torchlight Energy Resources Inc. announced today that it is continuing to work towards the completion of the regulatory requirements necessary to consummate the previously announced business combination with Metamaterial Inc. 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 [...]

Torchlight Energy Resources Inc. announced today that it is continuing to work towards the completion of the regulatory requirements necessary to consummate the previously announced business combination with Metamaterial Inc. 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 Energy Resources Inc. and Metamaterial Inc. today announced that they have been invited to participate in the 33rd Annual ROTH Conference being held online March 15-17, 2021 by ROTH Capital Partners. Guest attendance to the ROTH Conference is by invitation only. The Chief Executive Officers of both Torchlight and META will give a presentation regarding the recent developments of the companies, and will hold [...]

Torchlight Energy Resources and Metamaterial announced today that, in accordance with the terms of the previously announced Arrangement Agreement between Torchlight and META, pursuant to which Torchlight and META will complete a business combination, Torchlight has loaned US$10,000,000 to META evidenced by an unsecured convertible promissory note. The Promissory Note bears interest at 8% per annum, with all unpaid [...]