 PLANO, TX ACCESSWIRE January 6, 2021 Torchlight Energy Resources, Inc. NASDAQ:TRCH, an oil and gas exploration company Torchlight, announced today that the holders of 1,500,000 of Torchlights subordinated debt have agreed to convert such debt into the common stock of Torchlight at a price of 0.43 cents per share as set out under the convertible notes issued by Torchlight to the holders. We are very happy to continue to eliminate Torchlights outstanding debt, stated John Brda, Chief Executive Officer of Torchlight. 