 PLANO, TX and HALIFAX, NS ACCESSWIRE December 18, 2020 Torchlight Energy Resources, Inc. NASDAQ:TRCH, an oil and gas exploration company Torchlight and Metamaterial Inc. META CSE:MMAT, a developer of high-performance functional materials and nanocomposite products, announced today that, in accordance with the terms of the previously announced business combination transaction the Transaction, Torchlight has loaned USD500,000 to META pursuant to an unsecured convertible promissory note the META Note. The META Note is for a 24-month term and bears interest at 8, with principal and interest due in a lump sum at maturity. 