Torchlight Energy Resources Inc : Torchlight announces organizational changes . Torchlight Energy Resources added two independent members to its board of directors . Torchlight Energy Resources board has appointed Greg Mccabe to role of chairman of board . Torchlight Energy Resources - with appointments torchlight will have eight directors .Torchlight Energy Resources - Shockey and Barney are not expected to stand for re-election at Torchlight's annual meeting on December 8, 2016.
Torchlight Energy Resources Inc : Sold $1 million in shares of series C convertible preferred stock to a group of investors .Funds raised will be committed to drilling, completion of co's Hazel prospect located in permian's prolific midland basin.