REG - Touchstone Explrtn. - APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Touchstone ExplorationAnnouncement

Thu 08:15

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RNS Number : 1585O  Touchstone Exploration Inc.  08 January 2026

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

 

CALGARY, ALBERTA (January 8, 2026) - Touchstone Exploration Inc.
("Touchstone", "we", "our" or the "Company") (TSX, LSE: TXP) announces the
appointment of Mr. Bhupendra Kansagra to the Company's Board of Directors (the
"Board") as a Non-Executive Director, effective immediately.

 

The appointment follows the Company's completion of the private placement with
Purebond Limited ("Purebond") previously announced on October 24, 2025.
Pursuant to an investor rights agreement, Purebond has exercised its right to
nominate a director to the Board. Mr. Kansagra, a director of Purebond, is a
UK-based executive with extensive experience in the resource sector and
international capital markets.

 

The Company has been informed that, as of October 30, 2025, Purebond holds
50,000,000 shares in the Company, representing 15.4% of voting rights.
Purebond Limited is a UK registered entity controlled and managed by, and for
the benefit of, the Kansagra family pursuant to a discretionary trust. Mr.
Bhupendra Kansagra therefore has a partial indirect economic interest in
Purebond.

 

Kenneth McKinnon, Chair of the Board, commented:

 

"We are very pleased to welcome Bhupendra to the Board. As we continue to
execute our growth strategy in Trinidad, his deep knowledge of capital markets
and the energy sector will be invaluable. We look forward to his strategic
insights and the perspective he brings as a representative of our new
significant shareholder, Purebond."

 

Bhupendra Kansagra, Director, commented:

 

"I am honoured to join Touchstone's Board at this pivotal stage in the
Company's development. Touchstone has built an impressive asset base with
significant potential, and I look forward to working with the team to support
the Company's continued success and the delivery of long-term value for all
shareholders."

 

Further Information on the Appointment

 

The following details in relation to the appointment of Bhupendra Kansagra is
disclosed in accordance with AIM Rule 17 and Schedule 2(g) of the AIM Rules:

 

Bhupendra (Bhulo) Shantilal Kansagra (aged 69) has held the following
directorships and/or partnerships in the past five years.

 

 Current Directorships/Partnerships                  Past Directorships/Partnerships (last five years)
 UML ALBERT PARK LIMITED                             UML HOLDCO LIMITED
 UML SEPANG LIMITED                                  FESTATES LIMITED
 UML MARINA BAY LIMITED                              OCEAN GIANT SECURITY SERVICES (UK) LIMITED
 UML BAKU LIMITED                                    WELLINGTON MARITIME LIMITED
 UML HUDSON LIMITED                                  UMLNB 20 LIMITED
 UML GOODWOOD LIMITED                                UMLNB 19 LIMITED
 UMLNB 38 LIMITED                                    UMLNB 7 LIMITED
 UMLNB 39 LIMITED                                    TOP MARINE PAINTS LIMITED
 UML GOODWILL LIMITED                                MARULA VENTURES LIMITED
 UML INTERLAGOS LIMITED                              FULTON ST JAMES LIMITED
 UML WITHAM LIMITED                                  FULTON GRAND LIMITED
 UML MERCURY LIMITED                                 UNION DATA SERVICES LIMITED
 UML GREEN EAGLE LIMITED                             PORT MOODY LIMITED
 UML HOLMES LIMITED                                  PORT UNION LIMITED
 UMLNB 37 LIMITED                                    PORT STANLEY LIMITED
 UML ALKEBULAN LIMITED                               UML WINCHESTER LIMITED
 EAGLE MARITIME LIMITED                              FULTON HYDE LIMITED
 UMLNB 35 LIMITED                                    FULTON LINCOLN LIMITED
 UMLNB 36 LIMITED                                    FULTON REGENT LIMITED
 HEALTHILY LTD                                       UCL HARROW LIMITED
 UMLNB 33 LIMITED                                    UML PORTMAN LIMITED
 UMLNB 34 LIMITED                                    UML HINDE LIMITED
 UMLNB 31 LIMITED                                    TOP FENDERS 4 LIMITED
 SEALABS LIMITED                                     CONONISH MINING LIMITED
 UML EVO LIMITED                                     FOCUS TANKERS LIMITED
 VENOIL LIMITED                                      UMLNB 2 LIMITED
 UML AVON LIMITED                                    PORT SAID LIMITED
 UML CLYDE LIMITED                                   UML KNOX LIMITED
 UML BRANDS HATCH LIMITED                            UMLNB 4 LIMITED
 UML BURAN LIMITED                                   UMLNB 3 LIMITED
 UML ZONDA LIMITED                                   UMLNB 1 LIMITED
 UML TRADING LIMITED                                 UML WEMBLEY LIMITED
 OAKFIELD COURT (WELWYN) MANAGEMENT COMPANY LIMITED  UML DORSET LIMITED
 UML MONZA LIMITED                                   UML CHILTERN LIMITED
 UML SPA LIMITED                                     UML MARLIN LIMITED
 UML BALHAM LIMITED                                  UML EAGLE LIMITED
 UMLNB 14 LIMITED                                    OSPIRIT LIMITED
 UMLNB 15 LIMITED                                    OFORCE LIMITED
 UMLNB 13 LIMITED                                    TOP FENDERS 1 LIMITED
 UMLNB 16 LIMITED                                    HUXLEY GLOBAL LIMITED
 UML DART LIMITED                                    11 HOSPITALITY (LUTON) LIMITED
 UML OSTRO LIMITED                                   PESTATES LIMITED
 UML NOTUS LIMITED                                   KESTATES LET LIMITED
 UMLNB 12 LIMITED                                    XESTATES LIMITED
 UML CHINOOK LIMITED                                 GESTATES LIMITED
 UML SEVERN LIMITED                                  PROXIMITY HOMES LIMITED
 UML BEDFORD LIMITED                                 NESTATES LET LIMITED
 UML TWEED LIMITED                                   HEATHFIELD HOUSE CAMBRIDGE LIMITED
 UML MERSEY LIMITED                                  BAGSHOT SHIPPING LIMITED
 UML SHERLOCK LIMITED                                UML WATSON LIMITED
 UNION MARITIME SERVICES LIMITED                     PINARELLO SHIPPING LIMITED
 MATEL LIMITED                                       VISTEC ESTATES LIMITED
 UML BERNERS LIMITED                                 ARCT OCEAN LIMITED
 UML BONDI LIMITED                                   IND OCEAN LIMITED
 33 HOSPITALITY LIMITED                              ANTA OCEAN LIMITED
 FULMAR HOLDCO LIMITED                               PACIF OCEAN LIMITED
 ANAVATOS HOLDCO LIMITED                             ATL OCEAN LIMITED
 ATLANTAS BULK SHIP MANAGEMENT LTD                   ULTRA MOUNT ATHOS LIMITED
 UML PICTON LIMITED                                  PETIT CHAM LIMITED
 UML WESTMORE LIMITED                                FLEET TRADER LIMITED
 UML ABBEY LIMITED                                   KALIXENOS LIMITED
 UML BRUNSWICK LIMITED                               KAMSAR MONT FORT LIMITED
 UML GLIFA LIMITED                                   CAPE SANDRA LIMITED
 GLIFA HOLDCO LIMITED
 UMLNB 6 LIMITED
 UMLNB 5 LIMITED
 UMLNB HOLDINGS LIMITED
 GORDON SHIPPING LIMITED
 UML CARLTON LIMITED
 UML WELLINGTON LIMITED
 UNION MARINE SERVICES LIMITED
 UML AMPLEFORTH LIMITED
 UML BRYANSTON LIMITED
 BDP SPIRIT LIMITED
 UCL SPRINGFIELD LIMITED
 UCL ASTON LIMITED
 ICEPORT TWO LIMITED
 UML WEYMOUTH LIMITED
 11 HOSPITALITY LIMITED
 NELSON HOUSE CAMBRIDGE LIMITED
 UNION MARITIME HOLDINGS LIMITED
 73WHR LIMITED
 TEMPSFORD ESTATES LIMITED
 SOLAI HOUSE LIMITED
 BISH 1 LIMITED
 BISH 2 LIMITED
 TPT SHIPBROKERS INT. LIMITED
 TUNE CHEMICAL TANKERS (UK) LIMITED
 UML VICTORIA LIMITED
 HUDSON ALMERE LIMITED
 HUDSON CHEMICAL TANKERS LIMITED
 HUDSON KENSINGTON LIMITED
 HUDSON ARNHEM LIMITED
 HUDSON LISSE LIMITED
 HUDSON RICHMOND LIMITED
 HUDSON BRENT LIMITED
 HUDSON CAMDEN LIMITED
 HCT PORTLAND LIMITED
 ATLANTAS TECHNICAL SERVICES LIMITED
 ATLANTAS SHIP GROUP LIMITED
 UML BAKERLOO LIMITED
 UNION COMMERCIAL SERVICES LIMITED
 ICEPORT ONE LIMITED
 UNION CARRIERS LIMITED
 UML MAYFAIR LIMITED
 UML WESTMINSTER LIMITED
 UESTATES LIMITED
 DUNE RESOURCES LET LIMITED
 CESTATES LET LIMITED
 WAITE DAVIES LET LIMITED
 UML WIMPOLE LIMITED
 UML BLANDFORD LIMITED
 UML MOXON LIMITED
 UML WIGMORE LIMITED
 ATLANTAS SHIP MANAGEMENT LIMITED
 TMS OFFSHORE LIMITED
 CESTATES LIMITED
 WAITE DAVIES LIMITED
 CLION LIMITED
 P ENERGY LIMITED
 B EMERALD LIMITED
 B CRYSTAL LIMITED
 OSTRIDER LIMITED
 DUNE RESOURCES LIMITED
 OBLUE LIMITED
 UNION BUNKERING LIMITED
 SOLAI USA LIMITED
 ICEPORT LIMITED
 KERIO LIMITED
 UNION GLORY LIMITED
 UNION INVESTCORP LIMITED
 TOP FENDERS LIMITED
 UNION MARITIME LIMITED
 PUREBOND LIMITED
 BISHOPSWOOD ESTATES LIMITED
 SOLAI SERVICES LIMITED
 SOLAI HOLDINGS LIMITED
 AGRI-CHEMICALS LIMITED
 MYDIRECTIVES, INC.
 UMLNB 32 LIMITED
 BC BROKERS LIMITED
 UMLNB 30 LIMITED
 UMLNB 29 LIMITED
 UML MORIARTY LIMITED
 UML SILVERSTONE LIMITED
 UML EBISU LIMITED
 UML SUSANOO LIMITED
 UMLNB 23 LIMITED
 UMLNB 24 LIMITED
 UML EDEN LIMITED
 LAND REGENERATION LTD
 UML BROMLEY LTD
 ANAVATOS LIMITED
 UML CHAPEL LIMITED
 11 HOSPITALITY (BIRMINGHAM) LIMITED
 MARYLEBONE HOLDCO LIMITED
 KESTATES LIMITED
 ONE ALDWYCH LIMITED
 ATLANTAS TECHNICAL SERVICES INDIA PRIVATE LIMITED
 ATLANTAS CREW MANAGEMENT PRIVATE LIMITED

 

Bhupendra Kansagra was a director of Nandan Cleantech PLC ("Nandan") when
administrators were appointed on 30 December 2014. Nandan was subsequently
dissolved following liquidation on 21 March 2016 with no shortfall to
creditors.

 

Bhupendra Kansagra was a director of Chessum Plants Ltd ("Chessum") within 12
months of administrators being appointed on 25 April 2018. Chessum was
subsequently dissolved following liquidation on 16 December 2023 with no
shortfall to secured creditors but a shortfall to unsecured creditors.

 

There is no further information to be disclosed in relation to Bhupendra
Kansagra' appointment pursuant to AIM Rule 17 or Schedule Two, paragraph (g)
(i)-(viii) of the AIM Rules for Companies.

 

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
(https://url.avanan.click/v2/___http:/www.touchstoneexploration.com/___.YXAxZTpzaG9yZWNhcDphOm86NzY3MDI3ZGJhNjJkMTBmN2M5YjgzOTJiZGY5NzNkZDg6NjphOTg1OjlmZDcwMWJhZDA2YzEwMDg1MjJhMGQzMzZjNWZjZTVlMzYyMDBhZTlkZDUzNDBlNjQ5OTc0OWEzOWVjOTNmYTI6cDpUOk4)
or contact:

 

Touchstone Exploration Inc.

Paul R. Baay, President and Chief Executive
Officer                   Tel: +1 (403) 750-4487

Scott Budau, Chief Financial Officer

Brian Hollingshead, EVP Engineering and BD

 

Canaccord Genuity Limited (Nominated Advisor and Joint Broker)

Adam James / Charlie
Hammond
Tel: +44 (0) 207 523 8000

 

Cavendish Capital Markets Limited (Joint Broker)

Neil McDonald / Derrick Lee / Graham
Hall                                Tel: +44
(0) 131 220 6939

 

FTI Consulting (Financial PR)

Nick Hennis / Ben Brewerton
                                    Tel:
+44 (0) 203 727 1000;

 
 
touchstone@fticonsulting.com

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