Appointment of Non-Executive Director

RNS Number : 7502S

Touchstone Exploration Inc.

05 October 2017

 

5 October 2017

Touchstone Exploration Inc.

("Touchstone" or the "Company")

Appointment of Non-Executive Director

Touchstone Exploration Inc. (TSX / LSE: TXP), an oil and gas exploration and production company active in the Republic of Trinidad and Tobago, announces the appointment of Mr. Stanley Smith as Non-Executive Director effective as of October 4, 2017. Mr. Smith will also serve as the Chair of the Board of Director's Audit Committee and on the Board of Director's Compensation Committee.

Mr. Smith is a designated accountant with over 39 years of public accounting experience, most recently as an Audit Partner with KPMG LLP, Calgary (1984 - 2016). Mr. Smith's focus of practice was public company auditing and advising primarily in the oil and gas exploration and production and services industries. After retirement from KPMG LLP on September 30, 2016, Mr. Smith has been carrying out activities as an independent businessman. Mr. Smith is a member of the Chartered Professional Accountants of Alberta and Institute of Corporate Directors. Mr. Smith is currently a director of Razor Energy Corp., which is listed on the TSX Venture Exchange.

For further information, please contact:

Touchstone Exploration Inc.

Mr. Paul Baay, President and Chief Executive Officer                                Tel: [phone]

Mr. Scott Budau, Chief Financial Officer

Shore Capital (Nominated Advisor and Joint Broker)

Nominated Adviser: Edward Mansfield / Mark Percy / James Wolfe            Tel: [phone]     

Corporate Broking: Jerry Keen

GMP FirstEnergy (Joint Broker)

Jonathan Wright / Hugh Sanderson                                                          Tel: [phone]

Camarco (Financial PR)

Nick Hennis / Billy Clegg / Jane Glover                                                    Tel: [phone]

Additional Information

Under schedule 2, paragraph (g) of the AIM Rules for Companies ("AIM Rules"), the following additional information is disclosed:

Stanley Thomas Smith, age 63, is currently a Director of:

1.   0998372 B.C. Limited

2.   310159 Alberta Limited

3.   Cumis Inc.

4.   Razor Energy Corp.

5.   Stanley T. Smith Professional Corporation

In the last five years, Mr. Smith has also served as a Director or been a partner of the following companies:

 

1.   Cumis Enterprise Ltd.

2.   KPMG LLP

3.   Savanna Energy Services Corp.

Mr. Smith confirms there is no further information to be disclosed under Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

About Touchstone

Touchstone Exploration Inc. is a Calgary 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".

 

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