{"id":129555,"date":"2021-06-21T14:45:49","date_gmt":"2021-06-21T14:45:49","guid":{"rendered":"https:\/\/precoinnews.com\/?p=129555"},"modified":"2021-06-21T14:45:49","modified_gmt":"2021-06-21T14:45:49","slug":"stock-alert-torchlight-energy-resources-surges-50","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-torchlight-energy-resources-surges-50\/","title":{"rendered":"Stock Alert: Torchlight Energy Resources Surges 50%"},"content":{"rendered":"
Shares of oil and gas exploration company Torchlight Energy Resources, Inc. (TRCH) are surging over 50% on Monday morning. The company said it has agreed to extend the outside date by which Torchlight and Metamaterial must close their business<\/span> combination transaction to June 30, 2021. <\/p>\n TRCH is currently trading at $9.66, up $3.39 or 54.07%, on the Nasdaq. The shares have traded in a range of $0.21 and $9.90 for the 52-week period.<\/p>\n The extension of the date provides time for the June 24 record date and the June 25th payment date of the special Series A Preferred Stock dividend, declared on June 14 to transpire. <\/p>\n