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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ( Mark One ) x Annual report under Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended December 31 , 2020 . o Transition report under Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 ( No fee required ) For the transition period from Commission file number 000-53473 Torchlight Energy Resources , Inc. ( Exact name of registrant in its charter ) Nevada ( State or other jurisdiction of incorporation or Organization ) to 5700 W. Plano Parkway , Suite 3600 Plano , Texas 75093 ( Address of principal executive offices ) None 74-3237581 ( I.R.S. Employer Identification No. ) ( 214 ) 432-8002 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Exchange Act : Common Stock ( $ 0.001 Par Value ) ( Title of Each Class ) The NASDAQ Stock Market LLC ( Name of each exchange on which registered ) Securities registered pursuant to Section 12 ( g ) of the Exchange Act : 1 Indicate by check mark if the registrant is a well - known seasoned issuer as defined in Rule 405 of the Securities Act . Yes o No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes o No x