HOUSTON, TX--(Marketwired - May 22, 2013) - Torchlight Energy Resources, Inc. (
MZ Group will design and execute a comprehensive investor relations and outreach program for Torchlight Energy, with an emphasis on expanding the Company's shareholder base, particularly among U.S. funds, family offices, and high networth investors.
"We have made significant improvements in our financial and operational position over the past twelve months. By acquiring working interest in several oil and gas projects that possess compelling economics, we are creating a diversified asset base which we expect to translate into meaningful production starting this year," stated Mr. John Brda, President of Torchlight Energy. "MZ will be influential in assisting us to effectively convey the impact of these developments, while working to establish a sustainable public brand in the equity markets."
"This is the ideal time for us to assist Torchlight Energy with their goals in the capital markets," said Matt Hayden, Chairman of MZ Group North America. "The recent transactions have significantly transformed the company and will be of interest to investors looking for undiscovered investment ideas. We look forward to assisting their seasoned management team with telling the Torchlight story to a much broader audience."
About Torchlight Energy
Torchlight Energy Resources, Inc. (
About MZ Group
MZ Group, a multinational company and the world's largest independent global investor relations consulting firm, provides investor relations, corporate communications, market intelligence, corporate governance and technology products and services. Founded in 1999, MZ Group focuses on innovation and personalized services, supported by its exclusive "one-stop-shop" business model. With offices in New York, Chicago, San Diego, Atlanta, Vancouver, Beijing, Shanghai, Hong Kong, Taipei, Perth, Sydney and São Paulo. MZ has approximately 370 professionals who serve over 580 clients in 11 countries. For more information, please visit www.mzgroup.us.
Forward Looking Statement
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including risks associated with Trochlight Energy's ability to obtain additional capital in the future to fund planned expansion, the demand for oil and natural gas, general economic factors, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The company is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.