TRCH News and Press, Torchlight Energy Resources Inc. From 04/16/21

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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 The oil and gas asset component of that value may be outdated...

Shares of U.S exploration and production company Torchlight Energy Resources (NASDAQ: TRCH) fell a painful 26% in March according to data from S&P Global Market Intelligence . That said, at one point they were actually higher by roughly 15%. The mood turned negative as an up...

Are These On Your List Of Penny Stocks To Buy Or Avoid Right Now? The alternative energy industry is evolving & emerging companies – including penny stocks – could benefit. There are many alternative energy types to take a look at if you are interested in the sector. S...

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Oil prices have risen dramatically in recent months. The upward trend took root in November of 2020 and seems firmly in place. Oil’s current strength reflects increasing optimism for a global economic recovery as fewer cases of Covid19 lead to more petroleum-consuming activities. While ...

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. ...

Shares of U.S. energy company Torchlight Energy Resources (NASDAQ: TRCH) declined as much as 16% in early trading on Monday. While falling oil and natural gas prices didn't help the situation today, the news driving the drop was likely an update on the company's planned reverse merg...

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