EXERCISE OF SHARE OPTIONS AND ISSUE OF EQUITY

RNS Number : 4994Z
Touchstone Exploration Inc.
21 May 2021
 

EXERCISE OF SHARE OPTIONS AND ISSUE OF EQUITY

 

CALGARY, ALBERTA (May 21, 2021) - Touchstone Exploration Inc. ("Touchstone" or the "Company") reports that an employee exercised share options representing a total of 160,000 common shares of no par value in the Company ( " Common Shares " ) on May 19, 2021.

 

Application has been made for the 160,000 new Common Shares, which will rank pari passu with the Company's existing issued share capital, to be admitted to trading on AIM ("Admission"), which is expected on May 31, 2021. Immediately following Admission, the Company's issued share capital will consist of 209,634,627 Common Shares. The Company does not hold any Common Shares in treasury. This figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the Company.

 

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)

Nominated Advisor: Edward Mansfield / Daniel Bush / Michael McGloin  Tel: +44 (0) 207 408 4090

Corporate Broking: Jerry Keen

 

Canaccord Genuity (Joint Broker) 

Adam James / Henry Fitzgerald O'Connor / Thomas Diehl                         Tel: +44 (0) 207 523 8000

 

Camarco (Financial PR)

Nick Hennis / Billy Clegg         Tel: +44 (0) 203 781 8330

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEQFLFLFELLBBB
UK 100

Latest directors dealings