REG - Touchstone Explrtn. - RESULTS OF 2025 SHAREHOLDERS' MEETING

Touchstone ExplorationAnnouncement

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RNS Number : 6651N  Touchstone Exploration Inc.  20 June 2025

RESULTS OF 2025 SHAREHOLDERS' MEETING

 

CALGARY, ALBERTA (June 20, 2025) - Touchstone Exploration Inc. ("Touchstone"
or the "Company") (TSX, LSE: TXP) announces that all matters presented for
approval at the 2025 annual meeting of shareholders (the "Meeting") held
virtually on June 19, 2025 were fully authorized and approved. A total of
58,581,410 common shares of the Company were voted in connection with the
Meeting, representing 24.77% of the common shares eligible to vote at the
Meeting.

 

During the business proceedings of the Meeting, Touchstone's shareholders
approved the following:

 

1.   Ordinary resolution to fix the number of directors of the Company to be
elected at the Meeting at six, with 91.41% of the common shares represented at
the Meeting voting in favour of the resolution.

 

2.   All of the nominees proposed as directors were duly elected as
directors of Touchstone, with the number and percentage of common shares
represented at the Meeting voting in favour of and withheld from voting for
each of the individual nominees as follows:

 

 Director Nominee     Votes For                Votes Withheld
                      Number      Percent (%)  Number      Percent (%)
 Paul R. Baay         40,869,590  77.87        11,611,864  22.13
 Dr. Priya Marajh     43,773,108  83.41        8,708,346   16.59
 Kenneth R. McKinnon  39,141,225  74.58        13,340,229  25.42
 Peter Nicol          42,644,753  81.26        9,836,701   18.74
 Beverley Smith       42,530,303  81.04        9,951,151   18.96
 Stanley T. Smith     39,891,619  76.01        12,589,835  23.99

 

3.   Ordinary resolution to appoint the firm of KPMG LLP, Chartered
Professional Accountants of Calgary, Alberta, to serve as auditors of
Touchstone for the ensuing year at such remuneration as may be determined by
the Company's board of directors, with 93.19% of the common shares represented
at the Meeting voting in favour of the resolution.

 

Ms. Jenny Alfandary and Dr. Harrie Vredenburg did not stand for re-election at
the Meeting and retired effective June 19, 2025 from the Company's Board of
Directors.

 

Full voting results on all matters considered at the Meeting are available
under Touchstone's profile on SEDAR+ at www.sedarplus.ca
(http://www.sedarplus.ca/) .

 

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 Baay, President and Chief Executive
Officer                       Tel: +1 (403) 750-4405

Scott Budau, Chief Financial Officer

 

Shore Capital (Nominated Advisor and Joint Broker)

Daniel Bush / Toby Gibbs / Tom Knibbs
                        Tel: +44 (0) 207 408 4090

 

Canaccord Genuity (Joint Broker)

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

 

FTI Consulting (Financial PR)

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

Email: touchstone@fticonsulting.com (mailto:touchstone@fticonsulting.com)

 

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