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Special Dividend Announcement

$Torchlight Energy Resources (TRCH.US)$
Stockholders of record on June 24, 2021, will be entitled to receive the dividend which will consist of one share of Series A Preferred Stock for each one share of common stock owned on that date (subject to adjustment for any reverse split of Torchlight's common stock after the record date but before the dividend is paid). Holders of Series A Preferred Stock will be entitled, on a pro rata basis, to any future net proceeds or other potential benefits derived from the disposition of the oil and gas assets of Torchlight, subject to certain holdbacks. The Arrangement with Metamaterial, Inc. is expected to close before the end of June.
https://finance.yahoo.com/news/torchlight-declares-special-dividend-series-203000691.html
免責聲明:社區由Moomoo Technologies Inc.提供,僅用於教育目的。 更多信息
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