• 22 Sep 25
 

Touchstone Explrtn. - Purchase of Common Shares

Touchstone Exploration Inc | TXP | 14.0 0 0.0% | Mkt Cap: 36.6m


 
RNS Number : 1849A
Touchstone Exploration Inc.
22 September 2025
 

SALE OF COMMON SHARES AND DIRECTOR / PDMR SHAREHOLDING

 

CALGARY, ALBERTA (September 22, 2025) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX, LSE: TXP) reports that the Mr. Stanley T Smith, Company's Non-Executive Director, purchased an aggregate 250,000 common shares of no par value in the Company ("Common Shares") on September 17, 2025, September 18, 2025, and September 19, 2025.

 

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

 

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.

Paul Baay, President and Chief Executive Officer                       Tel: +1 (403) 750-4487

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                                                      Tel: +44 (0) 203 727 1000

                                                                                                     Email: touchstone@fticonsulting.com

 

Advisory

 

For reference purposes in this announcement, one British pound has been translated from Canadian dollars at an average rate of 1.87 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.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.   Stanley T. Smith

2.   Stanley T. Smith

3.   Stanley T. Smith

4.   Stanley T. Smith

5.   Stanley T. Smith

2

Reason for the notification

a)

Position/status

1.   Non-Executive Director

2.   Non-Executive Director

3.   Non-Executive Director

4.   Non-Executive Director

5.   Non-Executive Director

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

1.   Purchase of 38,000 Common Shares

2.   Purchase of 38,000 Common Shares

3.   Purchase of 40,500 Common Shares

4.   Purchase of 83,500 Common Shares

5.   Purchase of 50,000 Common Shares

 

c)

 

Prices and volumes

 

Effective Prices

Volumes

1.

C$0.265 (c£0.141)

38,000

2.

C$0.270 (c£0.144)

38,000

3.

C$0.270 (c£0.144)

40,500

4.

C$0.265 (c£0.142)

83,500

5.

C$0.265 (c£0.143)

50,000

d)

Aggregated information

-  Aggregated volume

-  Price

1.   Aggregated volume: 38,000 Common Shares

Aggregated price: C$0.265 (c£0.141) each

Aggregate total: C$10,070 (c£5,634.94)

2.   Aggregated volume: 38,000 Common Shares

Aggregated price: C$0.270 (c£0.144) each

Aggregate total: C$10,260 (c£5,466.17)

3.   Aggregated volume: 40,500 Common Shares

Aggregated price: C$0.270 (c£0.144) each

Aggregate total: C$10,935 (c£5,848.22)

4.   Aggregated volume: 83,500 Common Shares

Aggregated price: C$0.265 (c£0.142) each

Aggregate total: C$22,127.50 (c£11,834.15)

5.   Aggregated volume: 50,000 Common Shares

Aggregated price: C$0.265 (c£0.143) each

Aggregate total: C$13,250 (c£7,136.70)

 

e)

Date of the transaction

1.   September 17, 2025

2.   September 17, 2025

3.   September 18, 2025

4.   September 18, 2025

5.   September 19, 2025

f)

Place of the transaction

1.   Toronto Stock Exchange

2.   Toronto Stock Exchange

3.   Toronto Stock Exchange

4.   Toronto Stock Exchange

5.   Toronto Stock Exchange

 

 

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