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RNS Number : 7465W

Touchstone Exploration Inc.

03 August 2018

EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

Calgary, Alberta - August 3, 2018 - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                       Paul R. Baay 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            President and Chief Executive 
                                  Officer 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------ 
 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             Common shares of Touchstone 
       the financial              Exploration Inc. 
       instrument, type 
       of instrument 
                                  CA89156L1085 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              Purchase of common shares by 
       transaction                the Trustee of the Employee 
                                  Share Purchase Plan 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    $0.345     11,219 
                                   ---------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information 
                                   N/A (single transaction) 
       - Aggregated volume 
 
       - Price 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    02/08/2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   Toronto Stock Exchange 
---  -------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Scott Budau 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 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             Common shares of Touchstone 
       the financial              Exploration Inc. 
       instrument, type 
       of instrument 
                                  CA89156L1085 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Purchase of common shares by 
       transaction                the Trustee of the Employee 
                                  Share Purchase Plan 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    $0.345     4,343 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
                                   N/A (single transaction) 
       - Aggregated volume 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    02/08/2018 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   Toronto Stock Exchange 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       James Shipka 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Operating Officer 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 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             Common shares of Touchstone 
       the financial              Exploration Inc. 
       instrument, type 
       of instrument 
                                  CA89156L1085 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Purchase of common shares by 
       transaction                the Trustee of the Employee 
                                  Share Purchase Plan 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    $0.345     8,686 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
                                   N/A (single transaction) 
       - Aggregated volume 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    02/08/2018 
---  -------------------------  ----------------------------- 
 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) 20 7408 4090

Corporate Broking: Jerry Keen

GMP FirstEnergy (Joint Broker)

Jonathan Wright / Hugh Sanderson Tel: +44 (0) 207448 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 rns@lseg.com or visit www.rns.com.

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