Touchstone Exploration Inc. Lifting of stock restriction
29 Junio 2020 - 1:00AM
RNS Non-Regulatory
TIDMTXP
Touchstone Exploration Inc.
29 June 2020
29 June 2020
Touchstone Exploration Inc.
("Touchstone" or the "Company")
Lifting of stock restriction
On February 20, 2020, Touchstone Exploration Inc. (TSX / LSE:
TXP) announced the completion of a GBP9.0 million (approximately
US$11.65 million) private placement through the issuance of
22,500,000 new common shares of no par value (the "Placing
Shares").
On February 26, 2020 the Placing Shares were admitted to trading
on the Toronto Stock Exchange and the AIM market of the London
Stock Exchange. The Placing Shares ranked pari passu in all
respects with the existing common shares save that there was a
temporary restriction on the transfer of the Placing Shares into
Canada for a period of four months and one day from the day on
which the Placing Shares were issued (the "Initial Restricted
Period").
The Initial Restriction Period lapsed on June 27, 2020.
Consequently, all of the Company's common shares are now freely
transferable on the 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:
For further information, please contact:
Touchstone Exploration Inc.
Mr. Paul Baay, President and Chief Executive Officer Tel: +1
(403) 750-4487
Mr. Scott Budau, Chief Financial Officer
Camarco (Financial PR)
Nick Hennis / Billy Clegg Tel: +44 (0) 203 781 8330
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 29, 2020 02:00 ET (06:00 GMT)
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