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Touchstone Exploration Inc. announced the purchase of its common shares under its Employee Share Purchase Plan. On May 1, 2025, the Plan's Trustee purchased a total of 44,061 common shares on the Toronto Stock Exchange at C$0.40 per share, allocated to four Directors/PDMRs: Paul R. Baay (15,736 shares), Scott Budau (10,071 shares), Brian Hollingshead (8,183 shares), and James Shipka (10,071 shares).
| Date | 2 May 2025 |
| Time | 07:00:06 |
| Category | Director/PDMR dealings |
| ID | 1525H |
EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES
CALGARY, ALBERTA (May 2, 2025) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name |
1. Paul R. Baay 2. Scott Budau 3. Brian Hollingshead 4. James Shipka |
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2 |
Reason for the notification |
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a)
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Position/status
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1. Director, President and Chief Executive Officer 2. Chief Financial Officer 3. EVP Engineering and Business Development 4. EVP Asset Development and HSE |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Touchstone Exploration Inc. |
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b) |
LEI |
2138008URBSUC1J24J73 |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a)
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Description of the financial instrument, type of instrument
Identification code |
Common shares of Touchstone Exploration Inc.
CA89156L1085 |
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b) |
Nature of the transaction |
Purchase of common shares by the Trustee of the Employee Share Purchase Plan |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A (single transaction) |
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e) |
Date of the transaction |
May 1, 2025 |
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f) |
Place of the transaction |
Toronto Stock Exchange |
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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:
Touchstone Exploration Inc.
Mr. Paul Baay, President and Chief Executive Officer Tel: +1 (403) 750-4405
Mr. 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: [email protected]