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home / news releases / TRCH - Metamaterial-Torchlight Merger: Rare Arbitrage Trade At Hand

TRCH - Metamaterial-Torchlight Merger: Rare Arbitrage Trade At Hand

Torchlight Energy Resources Inc.
  • Metamaterial and Torchlight are merging in a shell-type transaction.
  • Metamaterial shares are trading at a very large discount to Torchlight's valuation.
  • Torchlight shareholders will get the proceeds from their oil and gas assets, but I don't think that makes up the difference.

For further details see:

Metamaterial-Torchlight Merger: Rare Arbitrage Trade At Hand
Stock Information
Company Name: Torchlight Energy Resources Inc.
Stock Symbol: TRCH
Market: NASDAQ
Website: torchlightenergy.com
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