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Torchlight Energy Resources Inc (TRCH.OQ)

TRCH.OQ on NASDAQ Stock Exchange Capital Market

1.16USD
17 Jul 2018
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Latest Key Developments (Source: Significant Developments)

David Moradi Reports 6 Pct Passive Stake In Torchlight Energy Resources
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Torchlight Energy Resources Inc ::DAVID MORADI REPORTS 6 PERCENT PASSIVE STAKE IN TORCHLIGHT ENERGY RESOURCES INC AS OF APRIL 23, 2018 - SEC FILING.  Full Article

Torchlight Energy Announces Plan To Market Midland Basin Assets
Monday, 9 Apr 2018 

April 9 (Reuters) - Torchlight Energy Resources Inc ::TORCHLIGHT ENERGY ANNOUNCES PLAN TO MARKET MIDLAND BASIN ASSETS.BOARD HAS ENGAGED ROTH CAPITAL PARTNERS TO CONDUCT PROCESS OF MARKETING ITS MIDLAND BASIN ASSETS ALSO KNOWN AS HAZEL PROJECT."WE HAVE BEGUN TO HAVE DISCUSSIONS WITH A FEW GROUPS REGARDING POTENTIAL SALE OF HAZEL PROJECT".CO OWNS 80% WI IN 12,000 MOSTLY CONTIGUOUS GROSS ACRES IN PLAY AND TO DATE HAS DRILLED TWO SCIENCE WELLS.CAPITAL BUDGET IN OROGRANDE IS GOING TO INCREASE.TORCHLIGHT ENERGY, ON HAZEL PROJECT, SAYS RECENT GEOLOGIC, OPERATIONAL DEVELOPMENTS IN OROGRANDE HAVE GIVEN CO INFO TO RETHINK FOCUS, CAPITAL BUDGET.TORCHLIGHT ENERGY SAYS FEELS THAT "BEST WAY TO MOVE FORWARD IS TO FREE UP VALUE FROM HAZEL AND DEVOTE IT TO OROGRANDE".  Full Article

Torchlight Announces Private Placement Of $4.5 Mln In Unsecured Promissory Notes
Tuesday, 13 Feb 2018 

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 

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 

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 

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 

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

BRIEF-Torchlight Energy Acquires Additional Delaware Basin Acreage And Announces Drilling In Its Winkler Project

* TORCHLIGHT ENERGY ACQUIRES ADDITIONAL DELAWARE BASIN ACREAGE AND ANNOUNCES DRILLING IN ITS WINKLER PROJECT Source text for Eikon: Further company coverage: