This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. For additional information on the Company, please visit Safe Harbor The company 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 focus on acquisition and development of highly profitable domestic oil fields.
Torchlight energy resources registration#
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. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the registered direct offering may be obtained at the SEC's website at.
The company will also file a Form 8-K in connection with the closing of the offering. The company intends to use the net cash proceeds for drilling obligations, debt interest payments and general corporate purposes.Ī prospectus supplement and the accompanying prospectus relating to the offering were filed with the Securities and Exchange Commission (SEC). Total gross proceeds were approximately $3.0 million before deducting expenses payable by the company in connection with the offering. The company sold 7,894,737 shares to the investor, and as part of the offering, issued to the investor a warrant to purchase up to 3,157,895 shares of common stock. (NASDAQ:TRCH), an energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States, today announced the closing of the registered direct offering announced on June 12, 2020. PLANO, TX / ACCESSWIRE / J/ Torchlight Energy Resources, Inc.
0 kommentar(er)
