Company Announcements

EMPLOYEE SHARE PURCHASE PLAN

Source: RNS
RNS Number : 2283I
Touchstone Exploration Inc.
01 December 2022
 

 

EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

 

CALGARY, ALBERTA (December 1, 2022) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

1.     Paul R. Baay

2.     Scott Budau

3.     James Shipka

2

Reason for the notification

a)

 

Position/status

 

1.     Director, President and Chief Executive Officer

2.     Chief Financial Officer

3.     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)

 

 


Effective Price

Volumes

1.

C$1.11

4,448

2.

C$1.11

3,041

3.

C$1.11

3,604


d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

e)

Date of the transaction

November 30, 2022

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: +1 (403) 750-4487

Mr. Scott Budau, Chief Financial Officer

 

Shore Capital (Nominated Advisor and Joint Broker)

Daniel Bush / Toby Gibbs / Iain Sexton                                                  Tel: +44 (0) 207 408 4090

 

Canaccord Genuity (Joint Broker) 

Adam James / Gordon Hamilton                                                             Tel: +44 (0) 207 523 8000

 

Camarco (Financial PR)

Billy Clegg / Emily Hall / Lily Pettifar                                                       Tel: +44 (0) 203 781 8330

 

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