Shares jumped 40%, why Torchlight stock is blazing higher today
Shares jumped 40%, why Torchlight stock is blazing higher today
$Torchlight Energy Resources Inc(TRCH.US)$ is trading significantly higher Monday morning after the company provided an update on its proposed business combination with $METAMATERIAL ORD(MMATF.US)$.
$Torchlight Energy Resources Inc(TRCH.US)$周一上午，在该公司提供了拟议中的业务合并的最新情况后，股价大幅上涨$超材料订单(MMATF.US)$.
What Happened: The two companies announced an agreement to extend the date by which Torchlight and Metamaterial must close their business combination transaction to June 30.
发生的事情：两家公司宣布达成一项协议，将火炬之光和超材料必须完成业务合并交易的日期延长至6月30日。
The extension provides time for the record and payment dates of the special stock dividend to occur. The payment date for the special stock dividend will be June 25.
延期为特别股息的记录和支付日期提供了时间。特别股票股息的支付日期为6月25日。
Price Action: Torchlight has traded as low as 21 cents over a 52-week period. The oil and gas exploration company is making a new 52-week high in premarket trading today.
价格行动：在52周的时间里，Torchlight的交易价格低至21美分。这家石油和天然气勘探公司今天在盘前交易中创下52周新高。
At last check Monday, the stock was up 39.55% at $8.75.
在周一的最新调查中，该股上涨39.55%，至8.75美元。