MMATF News and Press, Metamaterial Exchangeco Inc Com From 04/21/21

HALIFAX, NS / ACCESSWIRE / April 21, 2021 / Metamaterial Inc. (the "Company" or "META") (CSE:MMAT) a developer of high-performance functional materials and nanocomposites, today released fourth quarter and full year 2020 results. Please visit the investors section of our website to view the ...

Torchlight's SEC filing includes an opinion that its equity would be worth $83.5 million to $161.4 million with the Metamaterial deal. This translates into $0.57 to $1.11 per share with 145.3 million shares outstanding. The oil and gas asset component of that value may be outdated...

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. ...

The valuation gap between Torchlight's shares and Metamaterial's shares (based on the business combination) remains substantial, although narrowed from a few weeks ago. Torchlight's special dividend is likely to have limited value though. The Orogrande Project has zero proved rese...

Torchlight is combining with Metamaterial, with Torchlight shareholders getting 25% of the combined company equity. Torchlight's oil and gas assets are expected to be divested, with the proceeds going to current Torchlight shareholders. Sales agreements are in place for a couple o...

Metamaterial (MMATF): Q3 GAAP EPS of -C$0.05.Revenue of C$0.26M (+18.2% Y/Y).Press Release For further details see: Metamaterial reports Q3 results

Torchlight Energy Resources (TRCH) and Metamaterial (MMATF) announced the extension of the non-binding letter of intent to November 30, 2020.Torchlight and META continue to work toward completion of a definitive agreement.The letter of intent was originally announced on September 21, 2020.TRC...

Torchlight Energy Resources (TRCH) and Metamaterial Inc. (MMATF) enters into a non-binding LOI.Pursuant to LOI, TRCH to acquire 100% of META and to divest within the 1H21 Torchlight's oil and gas assets for the benefit of Torchlight's shareholders.Upon completion of the transaction, sharehold...

Metamaterial ( OTC:MMATF ) : Q2 GAAP EPS of -C$0.04. Press Release More news on: Metamaterial Inc., Earnings news and commentary, ,