Item 8.01 Other Events.

On January 16, 2020, Torchlight Energy Resources, Inc. (the "Company") issued a press release announcing that it had closed its previously announced underwritten public offering of shares of common stock at a public offering price of $0.70 per share. The Company sold a total of 3,285,715 shares in the offering. The net proceeds to the Company, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, were approximately $1.996 million. The underwriter has not yet exercised any portion of its 45-day over-allotment option. The press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.

Exhibit
Number

  99.1     Press Release of Torchlight Energy Resources, Inc., dated January 16,
         2020.

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