REG - Touchstone Explrtn. - EXERCISE OF SHARE OPTIONS

Touchstone ExplorationAnnouncement

07/04/2022 07:00

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RNS Number : 5554H  Touchstone Exploration Inc.  07 April 2022

 

EXERCISE OF SHARE OPTIONS

 

CALGARY, ALBERTA (April 7, 2022) - Touchstone Exploration
Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) reports that certain
employees exercised share options representing a total of 33,000 common shares
of no par value in the Company ("Common Shares") on April 6, 2022.

 

Application has been made for the 33,000 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 April 12, 2022. Immediately
following Admission, the Company's issued share capital will consist of
211,374,027 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 (http://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 / Michael McGloin
                   Tel: +44 (0) 207 408 4090

 

Canaccord Genuity (Joint Broker)

Adam James / Henry Fitzgerald O'Connor / Thomas
Diehl                     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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