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Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Remaining $1.5 Million of Senior Debt - Vimarsana News

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Remaining $1.5 Million of Senior Debt

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Remaining $1.5 Million of Senior Debt PLANO, TX / ACCESSWIRE / February 16, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that Torchlight's only remaining secured noteholder has converted all $1.5 million of its remaining position into common stock at the conversion price of $1.50 per share, for a total of 1,000,000 shares. This leaves Torchlight with no term debt remaining on its books. The blanket liens on the Orogrande Project and the Haz...

Torchlight Energy Resources, Inc.: Torchlight Announces Closing of Underwritten Public Offering of Common Stock for Gross Proceeds of $27.6 Million - Vimarsana News

Torchlight Energy Resources, Inc.: Torchlight Announces Closing of Underwritten Public Offering of Common Stock for Gross Proceeds of $27.6 Million

PLANO, TX / ACCESSWIRE / February 10, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced the closing of an underwritten public offering

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $3 Million of Senior Debt - Vimarsana News

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $3 Million of Senior Debt

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $3 Million of Senior Debt PLANO, TX / ACCESSWIRE / January 29, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the David A. Straz, Jr. Foundation has converted another $3 million of senior secured debt into common stock at the conversion price of $1.50 per share, for a total of 2,000,000 shares. This leaves $1.5 million of the principal amount of senior secured debt remaining. During December 2020 and January 2021, a total of a...

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $4 Million of Senior Debt - Vimarsana News

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $4 Million of Senior Debt

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts Additional $4 Million of Senior Debt PLANO, TX / ACCESSWIRE / January 28, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the David A. Straz, Jr. Foundation has converted another $4 million of senior secured debt into common stock at the conversion price of $1.50 per share, for a total of 2,666,666 shares. Prior to the conversion, the David A. Straz, Jr. Irrevocable Trust transferred its entire $8.5 million senior secured debt position to...

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts $4 Million of Senior Debt - Vimarsana News

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts $4 Million of Senior Debt

Torchlight Energy Resources, Inc.: Torchlight Senior Secured Lender Converts $4 Million of Senior Debt PLANO, TX / ACCESSWIRE / January 22, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the David A. Straz, Jr. Foundation has converted $4 million of its senior secured note of Torchlight, representing the entire principal amount of its debt position in Torchlight, into common stock. The conversion price for the conversion was $1.50 per share. Torchlight still owes $8.5 million in senior secured debt to the David A...