Touchstone Exploration Inc. — Director's Dealing 2019

Jul 5, 2019

National Storage Mechanism | Additional information

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RNS Number : 5801E

Touchstone Exploration Inc.

05 July 2019

SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

Calgary, Alberta - July 5, 2019 - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces the following purchases under its Employee and Non-Executive Director Share Purchase Plans.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.  Paul R. Baay

2.  Scott Budau

3.  James Shipka

4.  Kenneth R. McKinnon

5.  Peter Nicol

6.  Stanley T. Smith

7.  Thomas E. Valentine

8.  Dr. Harrie Vredenburg

9.  John D. Wright

2

Reason for the notification

a)

Position/status

1.  President and Chief Executive Officer

2.  Chief Financial Officer

3.  Chief Operating Officer

4.  Non-Executive Director

5.  Non-Executive Director

6.  Non-Executive Director

7.  Non-Executive Director

8.  Non-Executive Director

9.  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

Purchase of common shares by the Trustee of the Employee and Non-Executive Director Share Purchase Plans

c)

Price(s) and volume(s)

	Effective price	Volumes
1.	$0.28	13,839
2.	$0.28	5,357
3.	$0.28	10,714
4.	$0.28	71,429
5.	$0.28	71,429
6.	$0.28	71,429
7.	$0.28	71,429
8.	$0.28	71,429
9.	$0.28	71,429

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

02/07/2019

f)

Place of the transaction

Toronto Stock Exchange

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

www.touchstoneexploration.com

Shore Capital (Nominated Advisor and Joint Broker)

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

Corporate Broking: Jerry Keen

GMP FirstEnergy (Joint Broker)

Jonathan Wright / Hugh Sanderson                                                        Tel: +44 (0) 207 448 0200

Camarco (Financial PR)

Nick Hennis / Jane Glover / Billy Clegg                                                   Tel: +44 (0) 203 757 4980

About Touchstone

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".

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.

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