DIRECTOR SHARE PURCHASE

RNS Number : 9748Z

Touchstone Exploration Inc.

27 May 2021

 

DIRECTOR SHARE PURCHASE

CALGARY, ALBERTA (May 27, 2021) - Touchstone Exploration Inc. (the "Company") (TSX, LSE: TXP) announces the following purchases of Company common shares. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the applicable transactions.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stanley T. Smith
2.	Reason for the notification
a)	Position/status	Non-Executive Director
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 transactions	Purchase of common shares on the open market
c)	Prices and volumes	Effective prices Volumes C$1.65 10,000 C$1.63 5,000 C$1.61 5,000
d)	Aggregated information - Aggregated volume - Price	Aggregate volume: 20,000 common shares Aggregate price: C$1.635
e)	Date of the transaction	26 May 2021
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: [phone]

Mr. Scott Budau, Chief Financial Officer

Shore Capital (Nominated Advisor and Joint Broker)

Nominated Advisor: Edward Mansfield / Daniel Bush / Michael McGloin  Tel: [phone]

Corporate Broking: Jerry Keen

Canaccord Genuity (Joint Broker) 

Adam James / Henry Fitzgerald O'Connor / Thomas Diehl                          Tel: [phone]

Camarco (Financial PR)

Nick Hennis / Billy Clegg                                            Tel: [phone]

 

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