Touchstone Exploration Inc. provides an update regarding its share capital following the cancellation of previously issued common shares. Further to the Company's announcement on 30 June 2025, a total of 50,363,415 common shares which were previously issued to the settlement agent in conjunction with a private placement, have now been cancelled. Following the cancellation, the Company confirms that its issued share [...]
Touchstone Exploration Inc. provides an operational update on the Cascadura-5 development well , located on the Ortoire block onshore in the Republic of Trinidad and Tobago. Touchstone has an 80 percent operating working interest in the well, with Heritage Petroleum Company Limited holding the remaining 20 percent. The Cas-5 well was spud on June 4, 2025, using Star Valley Drilling Rig #205 and was drilled to a total [...]
Touchstone Exploration Inc. announces the following purchases under its Employee and Non-Executive Director Share Purchase Plan. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name 1. Paul R. Baay 2. Scott Budau 3. Brian Hollingshead 4. James Shipka 5. Kenneth R. Mckinnon 6. Peter Nicol 7. Beverley Smith 8. Stanley T. Smith 9. Dr. Priya Marajh 2 Reason for the notification [...]
Touchstone Exploration Inc. provides an update regarding its previously announced private placement arranged by Portillion Capital Asset Management Limited and Oak Securities . As disclosed in the Company's announcement on June 23, 2025, and notwithstanding repeated assurances from Portillion and Oak Securities, £10,324,500 of the £15,375,000 gross proceeds from the Placement have not been received. This includes [...]
Touchstone Exploration Inc. provides an update regarding its previously announced private placement. Further to the Company's June 16, 2025 news release, £10.325 million of the £15.375 million in gross proceeds from the private placement remains outstanding. Touchstone has been advised by OAK Securities and Portillion Capital that the settlement of proceeds from certain investors has taken longer than anticipated. The [...]
Touchstone Exploration Inc. announces that all matters presented for approval at the 2025 annual meeting of shareholders held virtually on June 19, 2025 were fully authorized and approved. A total of 58,581,410 common shares of the Company were voted in connection with the Meeting, representing 24.77% of the common shares eligible to vote at the Meeting. During the business proceedings of the Meeting, Touchstone's [...]
Touchstone Exploration Inc. provides the following update regarding its previously announced private placement. Further to the Company's May 8, 2025 announcement regarding a £15.375 million private placement arranged by Portillion Capital and OAK Securities, the Company advises that £10.325 million of the gross proceeds remains outstanding. Touchstone has been informed that Portillion Capital and OAK Securities are [...]
Touchstone Exploration Inc. is pleased to announce that it successfully closed the previously announced acquisition of 100 percent of the share capital of Shell Trinidad Central Block Limited on May 15, 2025. The acquisition was completed for cash consideration of approximately $28.4 million, subject to final closing adjustments. STCBL holds a 65 percent participating interest in the onshore Central block exploration and [...]
Touchstone Exploration Inc. reports its operating and condensed financial results for the three months ended March 31, 2025. Selected financial information is outlined below and should be read in conjunction with our March 31, 2025 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which are available online under our profile on SEDAR+ and on our website [...]
Touchstone Exploration Inc. announces that its wholly owned Trinidadian subsidiary, Touchstone Exploration Ltd. , has entered into a Fourth Amended and Restated Loan Agreement with its existing Trinidad-based lender. As previously disclosed, on December 12, 2024, TETL entered into a Share Purchase Agreement to acquire 100 percent of the share capital of a Trinidad-based company from a third party . Upon closing, TETL will [...]
7 2018 AS AMENDED . Touchstone Exploration Inc. announces that it has successfully raised £15.375 million by way of a private placement of 75,000,000 new common shares of no par value in the Company with certain institutional and other investors in the United Kingdom . Touchstone is also pleased to announce that it has additionally signed a binding term sheet with its Trinidad-b...
Touchstone Exploration Inc. provides an update regarding the previously announced transaction to acquire the entire share capital of Shell Trinidad Central Block Limited . As previously announced, on December 12, 2024, the Company's wholly owned Trinidadian subsidiary signed a Share Purchase Agreement to acquire 100 percent of STCBL from a third party . STCBL holds a 65 percent operating working interest in the onshore [...]