SALE OF COMMON SHARES AND DIRECTOR / PDMR SHAREHOLDING

CALGARY, ALBERTA (June 20, 2023) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) reports that non-executive director Dr. Harrie Vredenburg sold 2,600 common shares of the Company at a price of C$1.01 (approximately 60 pence) per common share on June 15, 2023, the proceeds of which covered a portion of the withholding taxes associated with the share option exercise and initial common share sale previously announced on June 12, 2023.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail regarding the above transactions.

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:

Advisory

For reference purposes in this announcement, one British pound has been translated from Canadian dollars at a rate of 1.69 to 1.00.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.