Touchstone investor North Energy boosts stake to 10.1% Touchstone investor North Energy boosts stake to 10.1%
Touchstone Exploration Inc (2) (C:TXP)
Shares Issued 129,021,455
Last Close 1/25/2018 $0.275
Thursday January 25 2018 - News Release
Mr. Knut Saeberg of North Energy Capital reports
NORTH ENERGY ACQUIRES ADDITIONAL SECURITIES OF TOUCHSTONE EXPLORATION INC.
North Energy Capital AS, on Jan. 18, 2018, purchased 150,000 common shares of Touchstone Exploration Inc., representing approximately 0.12 per cent of the total number of issued and outstanding common shares at a price of 12.5 pence per common share (or 21.6 cents) for total consideration of 18,750 British pounds (or $32,394.58 calculated at a rate of one British pound equals $1.7277, being the average exchange rate for British pounds expressed in Canadian dollars on Jan. 18, 2018, as presented by the Bank of Canada). The common shares were purchased through the facilities of the AIM Market of the London Stock Exchange.
Prior to the acquisition, North Energy owned 12,879,250 common shares, representing approximately 9.98 per cent of the number of issued and outstanding common shares. Following the acquisition, North Energy owned 13,029,250 common shares, representing approximately 10.10 per cent of the number of issued and outstanding common shares.
North Energy holds its interest in the common shares for investment purposes, and will continue to monitor the business, prospects, financial condition and potential capital requirements of Touchstone. Depending on its evaluation of these and other factors, North Energy may, from time to time in the future, increase or decrease its direct or indirect ownership, control or direction over the common shares or other securities of Touchstone through market transactions, private agreements, subscriptions from treasury or otherwise. It the current intention of North Energy to continue acquiring common shares for investment purposes.
© 2018 Canjex Publishing Ltd.
Touchstone Exploration Inc (2) (C:TXP)
Shares Issued 129,021,455
Last Close 1/25/2018 $0.275
Thursday January 25 2018 - News Release
Mr. Knut Saeberg of North Energy Capital reports
NORTH ENERGY ACQUIRES ADDITIONAL SECURITIES OF TOUCHSTONE EXPLORATION INC.
North Energy Capital AS, on Jan. 18, 2018, purchased 150,000 common shares of Touchstone Exploration Inc., representing approximately 0.12 per cent of the total number of issued and outstanding common shares at a price of 12.5 pence per common share (or 21.6 cents) for total consideration of 18,750 British pounds (or $32,394.58 calculated at a rate of one British pound equals $1.7277, being the average exchange rate for British pounds expressed in Canadian dollars on Jan. 18, 2018, as presented by the Bank of Canada). The common shares were purchased through the facilities of the AIM Market of the London Stock Exchange.
Prior to the acquisition, North Energy owned 12,879,250 common shares, representing approximately 9.98 per cent of the number of issued and outstanding common shares. Following the acquisition, North Energy owned 13,029,250 common shares, representing approximately 10.10 per cent of the number of issued and outstanding common shares.
North Energy holds its interest in the common shares for investment purposes, and will continue to monitor the business, prospects, financial condition and potential capital requirements of Touchstone. Depending on its evaluation of these and other factors, North Energy may, from time to time in the future, increase or decrease its direct or indirect ownership, control or direction over the common shares or other securities of Touchstone through market transactions, private agreements, subscriptions from treasury or otherwise. It the current intention of North Energy to continue acquiring common shares for investment purposes.
© 2018 Canjex Publishing Ltd.