5/10/2023 0 Comments Torchlight energy dividend![]() The company produced 28 barrels of oil and 711,000 cubic feet of gas with total sales of $2,471 in the quarter to March 30. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has. The Company expects to close the Arrangement no later than June 30 th, 2021. Announces Record Date of June 24th PLANO, TX / ACCESSWIRE / J/ Torchlight Energy Resources, Inc. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Torchlight Energy Resources effectively no longer exists following its June 28 merger with Meta Materials (NASDAQ: MMAT) stock. The payment date for the Series A Preferred Stock dividend will be June 25 th. Torchlight, which had a net loss of $2.1 million in the first three months of this year, has warned repeatedly that it had substantial doubt about its ability to continue as a going concern. Torchlight Declares Special Dividend of New Series A Preferred AccessWire - Mon. In November 2010, Pole Perfect bought Torchlight Energy and abandoned all of its previous business plans within the health and fitness industries before formally changing its name to Torchlight in 2011. 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. ![]() (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A. Plano, Texas-based Torchlight traces its roots back to Pole Perfect, incorporated in 2007 in Nevada to develop and market feminine fitness dance studios utilizing the advantages of pole dancing. PLANO, TX / ACCESSWIRE / J/ Torchlight Energy Resources, Inc. Torchlight was also the top traded stock before the bell for a second straight day, with more than 4.6 million shares changing hands by 7:30 a.m. The stock, which has risen more than 10 times in value since the start of the year, was trading at $11.18 before the bell on Tuesday, on track to open at a record high. What happened Shares of Torchlight Energy Resources ( TRCH) soared 58 on Monday. ![]() The next issue of Financial Post Top Stories will soon be in your inbox. The exploration and production company will pay a special dividend to its investors ahead of its upcoming merger. If you don't see it, please check your junk folder. The higher 81.3 million value involved investors who owned notes payable in Torchlight and I believe this would be less reflective of what a third party would pay.
0 Comments
Leave a Reply. |