Special Dividend Intended to be Issued to Torchlight Shareholders at ClosingPLANO, TX and HALIFAX, NS / ACCESSWIRE / September 21, 2020 / Torchlight Energy Resources, Inc. HOME MAIL NEWS FINANCE SPORTS ENTERTAINMENT Torchlight Energy Declares Special Stock Dividend of Series A Preferred Shares 4:46PM ET 6/14/2021 MT Newswires. Torchlight Energy Resources (TRCH.Q), an oil and gas exploration company, announced today that it has declared a special dividend of Series A preferred stock to be issued on a one-for-one basis to common stockholders of record as of the close of market trading on June 24, 2021. Torchlight legacy shareholders will be entitled to a distribution of any values attributable to the sale of Torchlight’s existing oil and gas business asset (net of Torchlight’s debt, and closing expenses incurred in connection with such sale, subject to a 10% holdback to be held for a 12 month period to address any potential liabilities relating to the sale of the oil and gas assets of TRCH’s pre-closing … Do special dividend pay outs also get reinvested if you’re enrolled in the Dividend Reinvesment program- DRIP (I have TD Ameritrade)? TRCH's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Torchlight Energy Resources Inc. [NASDAQ: TRCH] gained 14.29% or 0.2 points to close at $1.60 with a heavy trading volume of 5973731 shares. Torchlight owns 72% of a 134k acre land which has estimated 3.7 billion barrels of oil. Special dividend. Torchlight Receives Drilling And Development Obligations Relief On Its … ... Jun 19, 2021 at 8:18 AM. The company had announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to common stockholders of record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight’s common stock after the record date but before the dividend is paid). ... TRCH options introduced days before special dividend and delisting. The Combined Company shall use its commercially reasonable efforts to cause the Torchlight oil and gas assets to be sold by June 30 th, 2021. DIVIDEND PAYOUT!? A stock that has gathered a lot of speculative attention is TRCH, if you were lucky enough to buy earlier this year you are sitting pretty. At the same time, the chatter around short squeezes carries on in full force. PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to … Torchlight Energy Resources Inc (NASDAQ:TRCH) is the another big gainer with a jump of 31% to $4.68 in the pre-market session after gaining 14% in yesterday’s trading session. ronniechua/iStock via Getty Images Torchlight Energy (TRCH) +9.8% post-market after declaring a special dividend on its Series A preferred shares in connection with its merger deal with Metamaterial. share. Announces Pricing of Public Offering of Common Stock. Published: Jun 14, 2021, 8:30 PM UTC AccessWire Announces Record Date of June 24th. As part of the deal, Torchlight’s oil and gas assets will be sold off and the proceeds will be used to pay a special dividend to its existing shareholders. Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company (‘Torchlight’), announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight’s common stock after the record date … 1.) Apr-09-20 08:30AM. Metamaterial may have approximately 122 million fully diluted shares now, while 0 comments. Social Media. Torchlight Extends Maturity on $10.5 Million in Debt. The stock has soared 400% so far this year. TRCH STOCK JUST RELEASED THIS NEWS! ACCESSWIRE -15.12%. March 16, 2021. in Marijuana Medical Benefits. Major Trigger: Torchlight Declares Special Dividend of New Series A Preferred Key Highlights: announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to … Meanwhile, more on the fundamental side, Torchlight late yesterday declared a special dividend of Series A Preferred Stock, to be issued on a one … Torchlight Energy Resources has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, June 18th, 2021 based off prior year's report dates. Special Dividend Intended to be Issued to Torchlight Shareholders at Closing. Announces Record Date of June 24th PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 … PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight's common stock after the record date but before the dividend is paid). Torchlight Energy Offers Special Dividend, Stock Surges 70% Business Insider 11 hrs ago Torchlight Energy Resources Inc. [TRCH] is 411.43% higher this YTD. Summary - A special dividend is a cash payment made by a company to its shareholders that is separate from any regular dividend the company may issue. TRCH & MMATF MERGER! Special dividends are typically the result of an earnings period in which a company received a windfall profit. TrustyJules. … Dividend.com: The #1 Source For Dividend Investing. Yahoo | June 15, 2021. Apr-27-20 08:00AM. The company report on April 16, 2021 that Torchlight Provides Update on Proposed Business Combination Timing.. Get the hottest stocks to trade every day before the market opens 100% free. PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight's common stock after the record date but before the dividend is paid). Torchlight legacy shareholders will be entitled to a distribution of any values attributable to the sale of Torchlight's existing oil and gas business asset (net of Torchlight's debt, and closing expenses incurred in connection with such sale, subject to … Short Interest. PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 … Announces Record Date of June 24th. At the same time, they also announced that there would be a special dividend sometime before the end of next near, but most likely around June. Torchlight Declares Special Dividend of New Series A Preferred Download PDF Announces Record Date of June 24th PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common … Special dividends are also usually larger than a company’s regular dividend. PLANO, TX / ACCESSWIRE / June 14, 2021 /T orchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021 June 15, 2021 12:38 pm License Torchlight Energy Resources Inc. (NASDAQ: TRCH ) shares moved higher Tuesday after the company declared a special dividend of Series A preferred stock. Torchlight Energy on fire after declaring special preferred dividend. Torchlight Energy Resources, Inc. (NASDAQ: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. Torchlight Energy Resources Inc (NASDAQ:TRCH) continues to move up big as investors are cheering the surprised dividend announcement. TRCH MMATF stock update on Special Dividend fine details. Torchlight Energy Resources, Inc. (NASDAQ: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields.

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