EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES
Calgary, Alberta - May 10, 2018 - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.
1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
|
Name |
Paul R. Baay |
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2
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Reason for the notification |
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a)
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Position/status
|
President and Chief Executive Officer |
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b)
|
Initial notification /Amendment
|
Initial notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
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a)
|
Name
|
Touchstone Exploration Inc. |
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b)
|
LEI
|
2138008URBSUC1J24J73 |
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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 |
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b)
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Nature of the transaction
|
Purchase of common shares by the Trustee of the Employee Share Purchase Plan |
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c)
|
Price(s) and volume(s)
|
|
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d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction) |
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e)
|
Date of the transaction
|
07/05/2018 |
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f)
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Place of the transaction
|
Toronto Stock Exchange |
1
|
Details of the person discharging managerial responsibilities / person closely associated |
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a)
|
Name
|
James Shipka |
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2
|
Reason for the notification
|
|||||
a)
|
Position/status
|
Chief Operating Officer |
||||
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)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction) |
||||
e)
|
Date of the transaction
|
07/05/2018 |
||||
f)
|
Place of the transaction
|
Toronto Stock Exchange |
For further information, please contact:
Touchstone Exploration Inc.
Mr. Paul Baay, President and Chief Executive Officer Tel: +1 (403) 750-4487
Mr. Scott Budau, Chief Financial Officer
www.touchstoneexploration.com
Shore Capital (Nominated Advisor and Joint Broker)
Nominated Advisor: Edward Mansfield / Mark Percy / Daniel Bush Tel: +44 (0) 20 7408 4090
Corporate Broking: Jerry Keen
GMP FirstEnergy (Joint Broker)
Jonathan Wright / Hugh Sanderson Tel: +44 (0) 207448 0200
Camarco (Financial PR)
Nick Hennis / Jane Glover / Billy Clegg Tel: +44 (0) 203 757 4980
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".