Torchlight Energy Resources, Inc. (NASDAQ:TRCH) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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Torchlight Energy Resources, Inc. (NASDAQ:TRCH) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders.

On December 8, 2016, we held our Annual Meeting of Stockholders
for the following purposes:
(1) To elect nominees to our Board of Directors, including John
Brda, Gregory McCabe, E. Scott Kimbrough, R. David Newton and
Alexandre Zyngier;
(2) To ratify the selection of Calvetti Ferguson as our
independent registered public accounting firm for the fiscal year
ending December 31, 2016;
(3) To approve the issuance of shares of common stock to our
director, Alexandre Zyngier, in connection with his appointment
in June 2016;
(4) To approve the issuances of shares of common stock to our
director, Alexandre Zyngier, in connection with serving on the
Litigation Committee of the Board of Directors;
(5) To approve a non-binding advisory resolution on executive
compensation;
(6) To transact such other business as may properly come before
the meeting.
Based on the votes received in person and by proxy, all of the
above named nominees to the Board were elected; the selection of
Calvetti Ferguson was ratified; the issuance to Mr. Zyngier in
connection with his appointment in June 2016 was approved; the
issuances to Mr. Zyngier in connection with serving on the
Litigation Committee was approved; and the non-binding advisory
resolution on executive compensation was approved. There were no
other matters presented for action at the Annual Meeting.The
exact results of the stockholder vote are as follows:
Total Votes Outstanding as of the Record Date, October 12,
2016: 		50,037,997
Total Votes Present Either by Proxy or in Person: 37,874,660
Item 1:
Election of Directors

FOR WITHHELD
John A. Brda
26,485,463
27,279
Gregory McCabe
26,485,538
27,204
E. Scott Kimbrough
26,484,538
28,204
R. David Newton
26,443,085
69,657
Alexandre Zyngier
24,366,264
2,146,478
Additionally, there was a total of 11,361,918 broker non-votes
for this item.
Item 2:
Ratification of selection of Calvetti Ferguson as the
independent registered public accounting firm for the fiscal
year ending December 31, 2016

Votes for:
37,802,597
Votes against:
21,115
Votes abstained:
50,948
Item 3:
Approval of the issuance of shares of common stock to our
director, Alexandre Zyngier, in connection with his
appointment in June 2016

Votes for:
23,531,238
Votes against:
2,885,901
Votes abstained:
95,558

Additionally, there was a total of 11,361,918 broker non-votes
for this item.
Item 4:
Approval of the issuances of shares of common stock to our
director, Alexandre Zyngier, in connection with serving on
the Litigation Committee of the Board of Directors

Votes for:
23,449,338
Votes against:
2,967,856
Votes abstained:
95,548
Additionally, there was a total of 11,361,918 broker non-votes
for this item.
Item 5:
Approval of a non-binding advisory resolution on executive
compensation

Votes for:
25,348,252
Votes against:
1,109,121
Votes abstained:
55,369
Additionally, there was a total of 11,361,918 broker non-votes
for this item.


About Torchlight Energy Resources, Inc. (NASDAQ:TRCH)

Torchlight Energy Resources, Inc. (Torchlight) is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company focuses on drilling and working interest programs within the United States. The Company has interests in approximately four oil and gas projects: the Marcelina Creek Field Development in Wilson County, Texas; the Ring Energy Joint Venture in Southwest Kansas; Hunton wells in partnership with Husky Ventures in Central Oklahoma, and the Orogrande Project in Hudspeth County, Texas. The Company also operates through two other subsidiaries, including Torchlight Energy Operating, LLC, a Texas limited liability company, and Hudspeth Oil Corporation, a Texas corporation. The Marcelina Creek Field Development is located over the Austin Chalk, Buda and Eagle Ford Formations.

Torchlight Energy Resources, Inc. (NASDAQ:TRCH) Recent Trading Information

Torchlight Energy Resources, Inc. (NASDAQ:TRCH) closed its last trading session down -0.09 at 1.11 with 476,698 shares trading hands.