REG - Touchstone Explrtn. - VOTING RESULTS OF 2022 SHAREHOLDERS' MEETING

Touchstone ExplorationAnnouncement

10/06/2022 07:00

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RNS Number : 3994O  Touchstone Exploration Inc.  10 June 2022

VOTING RESULTS OF 2022 SHAREHOLDERS' MEETING

 

CALGARY, ALBERTA (June 10, 2022) - Touchstone Exploration Inc. ("Touchstone"
or the "Company") (TSX, LSE: TXP) announces that its shareholders approved all
resolutions at its 2022 Annual Meeting of Shareholders (the "Meeting") held
virtually on June 9, 2022. A total of 49,961,990 common shares representing
23.54% of Touchstone's issued and outstanding common shares were voted in
connection with the Meeting.

 

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

 

1.   Resolution to fix the number of directors of the Company to be elected
at the Meeting at eight, with 99.92% of the common shares represented at the
Meeting voting in favour of the resolution.

 

2.   Shareholders approved the election of eight nominees as directors of
Touchstone to serve until the next annual meeting of shareholders or until
their successors are duly elected or appointed, 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           42,555,432  98.65        581,504    1.35
 Kenneth R. McKinnon    42,064,562  97.51        1,072,374  2.49
 Peter Nicol            43,109,292  99.94        27,644     0.06
 Beverley Smith         43,084,150  99.88        52,786     0.12
 Stanley T. Smith       41,900,686  97.13        1,236,250  2.87
 Thomas E. Valentine    42,538,825  98.61        598,111    1.39
 Dr. Harrie Vredenburg  42,841,542  99.32        295,394    0.68
 John D. Wright         43,095,274  99.90        41,662     0.10

 

3.   Resolution to appoint the firm of KPMG LLP, Chartered Professional
Accountants, 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
99.84% of the common shares represented at the Meeting voting in favour of the
resolution.

 

Full voting results on all matters considered at the Meeting are available
under Touchstone's profile on SEDAR, located at www.sedar.com
(http://www.sedar.com/) .

 

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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