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Touchstone Exploration Inc. Announces Employee Share Purchase Plan

ACCESSWIRE - Tue Aug 6, 9:00PM CDT

CALGARY, AB / ACCESSWIRE / August 7, 2024 / Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP)(LSE:TXP) announces the following purchases under its Employee Share Purchase Plan.

1

Details of the person discharging managerial responsibilities / person closely associated

a)


Name

1. Paul R. Baay

2. Scott Budau

3. Brian Hollingshead

4. James Shipka

2

Reason for the notification

a)


Position/status


1. Director, President and Chief Executive Officer

2. Chief Financial Officer

3. EVP Engineering and BD

4. EVP Asset Development and HSE

b)

Initial notification /Amendment

Initial notification

3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Touchstone Exploration Inc.

b)

LEI

2138008URBSUC1J24J73

4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)


Description of the financial instrument, type of instrument

Identification code

Common shares of Touchstone Exploration Inc.

CA89156L1085

b)

Nature of the transaction

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)


Price(s) and volume(s)



Effective Price

Volumes

1.

C$0.58

10,856

2.

C$0.58

6,948

3.

C$0.58

6,188

4.

C$0.58

6,948

d)


Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

August 1, 2024

f)

Place of the transaction

Toronto Stock Exchange


Touchstone Exploration Inc.

Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company's common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol "TXP".

For further information about Touchstone, please visit our website at www.touchstoneexploration.com or contact:

Touchstone Exploration Inc.

Mr. Paul Baay, President and Chief Executive Officer

Tel: +1 (403) 750-4487

Mr. Scott Budau, Chief Financial Officer


Shore Capital (Nominated Advisor and Joint Broker)

Daniel Bush / Toby Gibbs / Tom Knibbs

Tel: +44 (0) 207 408 4090


Canaccord Genuity (Joint Broker)

Adam James / Charlie Hammond

Tel: +44 (0) 207 523 8000


FTI Consulting (Financial PR)

Nick Hennis / Ben Brewerton

Tel: +44 (0) 203 727 1000

Email: touchstone@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Touchstone Exploration Inc



View the original press release on accesswire.com