Touchstone Exploration Inc. (LSE:TXP) has announced that several of its senior executives and board members have acquired common shares through the company’s Employee and Non-Executive Director Share Purchase Plan. The purchases, carried out on the Toronto Stock Exchange, were made at a price of C$0.30 per share.
This initiative is designed to foster stronger alignment between the leadership team and shareholders by reinforcing management’s long-term commitment to the company’s growth. The participation of key insiders may also signal confidence in the company’s strategic direction and bolster market sentiment.
About Touchstone Exploration Inc.
Based in Calgary, Alberta, Touchstone Exploration is engaged in the acquisition, exploration, development, and production of petroleum and natural gas. The company’s primary operations are located onshore in Trinidad and Tobago. Touchstone’s common shares are dual-listed on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the ticker symbol ‘TXP’.
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