#TORCHLIGHT STOCK PRICE REGISTRATION#

For additional information on Torchlight, please visit Forward-Looking Statement Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields.

#TORCHLIGHT STOCK PRICE REGISTRATION#

Copies of the prospectus supplement and accompanying prospectus relating to this offering may be obtained from Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by accessing the SEC's website, This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of these securities will be made only by means of a prospectus supplement. 333-249062), which was declared effective on Octoby the Securities and Exchange Commission (the 'SEC'). The securities described above are being offered by the Company pursuant to a registration statement (File No. ('Meta') in connection with the previously announced Arrangement Agreement between the Company and Meta pursuant to which the Company and Meta will complete a business combination. The Company intends to use the net proceeds for general business purposes and to provide $5 million of additional bridge financing to Metamaterial Inc. Roth Capital Partners is acting as the sole manager for the offering. The offering is expected to close on February 10, 2021, subject to customary closing conditions. Gross proceeds of the offering will be $24 million before the underwriting discount and offering expenses payable by the Company, assuming no exercise of the overallotment option. The Company has also granted to the underwriter a 30-day option to acquire an additional 3,000,000 shares to cover overallotments in connection with the offering.

( NASDAQ:TRCH), an oil and gas exploration company (the 'Company'), today announced the pricing of an underwritten public offering of 20,000,000 shares of its common stock at a price of $1.20 per share. PLANO, TX / ACCESSWIRE / Febru/ Torchlight Energy Resources, Inc.

Torchlight stock price