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Torchlight Energy Resources Inc (NASDAQ:TRCH) shares are trading lower by 15.5% at $5.06 after the company filed to sell up to $100 million shares worth of common stock. Shares of Torchlight Energy saw strength this week when late Monday the company declared a special dividend and said its combination with Metamaterial is expected to close before the end of June.
...read full article on Benzinga
