TIDMTXP

RNS Number : 3994O

Touchstone Exploration Inc.

10 June 2022

VOTING RESULTS OF 2022 SHAREHOLDERS' MEETING

CALGARY, ALBERTA (June 10, 2022) - Touchstone Exploration Inc. ( " Touchstone " or the " Company " ) (TSX, LSE: TXP) announces that its shareholders approved all resolutions at its 2022 Annual Meeting of Shareholders (the "Meeting") held virtually on June 9, 2022. A total of 49,961,990 common shares representing 23.54% of Touchstone's issued and outstanding common shares were voted in connection with the Meeting.

During the business proceedings of the Meeting, Touchstone's shareholders approved the following resolutions:

1. Resolution to fix the number of directors of the Company to be elected at the Meeting at eight, with 99.92% of the common shares represented at the Meeting voting in favour of the resolution.

2. Shareholders approved the election of eight nominees as directors of Touchstone to serve until the next annual meeting of shareholders or until their successors are duly elected or appointed, 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             42,555,432     98.65     581,504      1.35 
 Kenneth R. McKinnon      42,064,562     97.51   1,072,374      2.49 
 Peter Nicol              43,109,292     99.94      27,644      0.06 
 Beverley Smith           43,084,150     99.88      52,786      0.12 
 Stanley T. Smith         41,900,686     97.13   1,236,250      2.87 
 Thomas E. Valentine      42,538,825     98.61     598,111      1.39 
 Dr. Harrie Vredenburg    42,841,542     99.32     295,394      0.68 
 John D. Wright           43,095,274     99.90      41,662      0.10 
                         -----------  --------  ----------  --------

3. Resolution to appoint the firm of KPMG LLP, Chartered Professional Accountants, 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 99.84% of the common shares represented at the Meeting voting in favour of the resolution.

Full voting results on all matters considered at the Meeting are available under Touchstone's profile on SEDAR, located at www.sedar.com .

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.

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

Mr. Scott Budau, Chief Financial Officer

Shore Capital (Nominated Advisor and Joint Broker)

Daniel Bush / Toby Gibbs / Michael McGloin Tel: +44 (0) 207 408 4090

Canaccord Genuity (Joint Broker)

Adam James / Henry Fitzgerald O'Connor / Thomas Diehl Tel: +44 (0) 207 523 8000

Camarco (Financial PR)

Billy Clegg / Emily Hall / Lily Pettifar Tel: +44 (0) 203 781 8330

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ROMFFFVIREIAIIF

(END) Dow Jones Newswires

June 10, 2022 02:01 ET (06:01 GMT)

Touchstone Exploration (LSE:TXP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Touchstone Exploration Charts.
Touchstone Exploration (LSE:TXP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Touchstone Exploration Charts.