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Touchstone Explrtn. - EMPLOYEE SHARE PURCHASE PLAN & DIRECTOR PURCHASES

RNS Number : 0549F
Touchstone Exploration Inc.
05 March 2020
 

EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

 

CALGARY, ALBERTA (March 5, 2020) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

1.   Paul R. Baay

2.   Scott Budau

3.   James Shipka

2

 

Reason for the notification

a)

 

Position/status

 

1.   President and Chief Executive Officer

2.   Chief Financial Officer

3.   Chief Operating Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

Touchstone Exploration Inc.

b)

 

LEI

 

2138008URBSUC1J24J73

4

 

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

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Common shares of Touchstone Exploration Inc.

 

 

CA89156L1085

b)

 

Nature of the transaction

 

 

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)

 

Price(s) and volume(s)

 

 

 

Effective Price

Volumes

1.

C$0.62

6,250

2.

C$0.62

4,839

3.

C$0.62

4,839

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

e)

 

Date of the transaction

02/03/2020

f)

 

Place of the transaction

Toronto Stock Exchange

 

Touchstone Exploration Inc.

 

Touchstone Exploration Inc. is a Calgary 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) 750-4487

Mr. Scott Budau, Chief Financial Officer

 

Shore Capital (Nominated Advisor and Broker)

Nominated Advisor: Edward Mansfield / Daniel Bush                            Tel: +44 (0) 207 408 4090

Corporate Broking: Jerry Keen

 

Camarco (Financial PR)

Nick Hennis / Billy Clegg                                                                        Tel: +44 (0) 203 781 8330


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Touchstone Exploration Inc

Price: 44.5

Market: AIM
Market Cap: £81.65 m
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