Touchstone Exploration Inc. Director/PDMR Shareholding (7430J)

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RNS Number : 7430J

Touchstone Exploration Inc.

23 December 2020

DIRECTOR / PDMR PURCHASES

CALGARY, ALBERTA (December 23, 2020) - Touchstone Exploration Inc. ("Touchstone" or the "Company") announces the following common share purchase.

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

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                        Stanley Smith 
       --------------------------  ------------------------------------------ 
 2      Reason for the notification 
 a)     Position/status             Non-Executive Director 
       --------------------------  ------------------------------------------ 
 b)     Initial notification        Initial notification 
         /Amendment 
       --------------------------  ------------------------------------------ 
 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          Common Shares of no par value 
         financial instrument, 
         type of instrument 
                                     CA89156L1085 
         Identification code 
       --------------------------  ------------------------------------------ 
 b)     Nature of the transaction   Purchase of common shares 
       --------------------------  ------------------------------------------ 
                                      Prices       Volumes 
   c)     Prices and volumes           116p each    30,000 
                                                   -------- 
       --------------------------  ------------------------------------------ 
 d)     Aggregated information 
                                      Aggregated volume: 30,000 common shares 
         - Aggregated volume          Aggregated price: 116p each 
                                      Aggregated total: GBP34,800 
         - Price 
       --------------------------  ------------------------------------------ 
 e)     Date of the transaction     22 December 2020 
       --------------------------  ------------------------------------------ 
 f)     Place of the transaction    Toronto Stock Exchange 
       --------------------------  ------------------------------------------ 
 

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: [phone]

Mr. Scott Budau, Chief Financial Officer

Shore Capital (Nominated Advisor and Joint Broker)

   Nominated Advisor: Edward Mansfield / Daniel Bush / Michael McGloin   Tel: [phone] 

Corporate Broking: Jerry Keen

Canaccord Genuity (Joint Broker)

Adam James / Henry Fitzgerald O'Connor / Thomas Diehl Tel: [phone]

Camarco (Financial PR)

Nick Hennis / Billy Clegg Tel: [phone]

Advisories

For reference purposes in this announcement, one British pound has been translated from Canadian dollars at a rate of 1.00 to 1.72.

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December 23, 2020 11:49 ET (16:49 GMT)