Touchstone Exploration Inc.

Management Reports • Jun 20, 2025

National Storage Mechanism | Additional information

RNS Number : 6651N

Touchstone Exploration Inc.

20 June 2025

RESULTS OF 2025 SHAREHOLDERS' MEETING

CALGARY, ALBERTA (June 20, 2025) - Touchstone Exploration Inc. ( " Touchstone " or the " Company " ) (TSX, LSE: TXP) announces that all matters presented for approval at the 2025 annual meeting of shareholders (the "Meeting") 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 shareholders approved the following:

1.   Ordinary resolution to fix the number of directors of the Company to be elected at the Meeting at six, with 91.41% of the common shares represented at the Meeting voting in favour of the resolution.

2.   All of the nominees proposed as directors were duly elected as directors of Touchstone, with the number and percentage of common shares represented at the Meeting voting in favour of and withheld from voting for each of the individual nominees as follows:

Director Nominee	Votes For		Votes Withheld
Number	Percent (%)	Number	Percent (%)
Paul R. Baay	40,869,590	77.87	11,611,864	22.13
Dr. Priya Marajh	43,773,108	83.41	8,708,346	16.59
Kenneth R. McKinnon	39,141,225	74.58	13,340,229	25.42
Peter Nicol	42,644,753	81.26	9,836,701	18.74
Beverley Smith	42,530,303	81.04	9,951,151	18.96
Stanley T. Smith	39,891,619	76.01	12,589,835	23.99

3.   Ordinary resolution to appoint the firm of KPMG LLP, Chartered Professional Accountants of Calgary, Alberta, to serve as auditors of Touchstone for the ensuing year at such remuneration as may be determined by the Company's board of directors, with 93.19% of the common shares represented at the Meeting voting in favour of the resolution.

Ms. Jenny Alfandary and Dr. Harrie Vredenburg did not stand for re-election at the Meeting and retired effective June 19, 2025 from the Company's Board of Directors.

Full voting results on all matte rs considered at the Meeting are available under Touchstone's profile on SEDAR+ at  www.sedarplus.ca .

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) 750-4405

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 / Lucy Wigney                                Tel: +44 (0) 203 727 1000

Email: [email protected]

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