SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

RNS Number : 3711E

Touchstone Exploration Inc.

07 July 2021

 

EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

CALGARY, ALBERTA (July 7, 2021) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) announces the following purchases of Company common shares under its Employee and Non-Executive Director Share Purchase Plans.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Paul R. Baay 2.  Scott Budau 3.  James Shipka 4.  Kenneth R. McKinnon 5.  Peter Nicol 6.  Beverley Smith 7.  Stanley T. Smith 8.  Thomas E. Valentine 9.  Dr. Harrie Vredenburg 10.  John D. Wright
2.	Reason for the notification
a)	Position/status	1.  Chief Executive Officer 2.  Chief Financial Officer 3.  Chief Operating Officer 4.  Non-Executive Director 5.  Non-Executive Director 6.  Non-Executive Director 7.  Non-Executive Director 8.  Non-Executive Director 9.  Non-Executive Director 10.  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 by the Trustee of the Employee and Non-Executive Director Share Purchase Plans
c)	Prices and volumes	Effective price Volumes 1. C$1.49 3,321 2. C$1.49 2,270 3. C$1.49 2,691 4. C$1.49 13,453 5. C$1.49 13,453 6. C$1.49 13,453 7. C$1.49 13,453 8. C$1.49 13,453 9. C$1.49 13,453 10. C$1.49 13,453
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	06 July 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]

 

END

 

 

DSHUPUBGMUPGGRQ