PLANO, TX / ACCESSWIRE / January 13, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the holders of $1,043,573 of Torchlight's subordinated debt have agreed to convert such debt into the common stock of Torchlight at a price of $1.10 per share as set out under the convertible notes issued by Torchlight to the holders.
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