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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Comment by Tadon Sep 24, 2024 10:52pm
55 Views
Post# 36239581

RE:Trinity Files intention to Withdraw Touchstone Offer

RE:Trinity Files intention to Withdraw Touchstone Offer
Trinity announced the court hearing details for tomorrow.

Touchstone should be free of any restrictions to publish corporate updates once the court approves Trinity's request to have Touchstone's acquistion offer withdrawn. 



https://www.londonstockexchange.com/news-article/TRIN/court-hearing-details-re-withdrawal-of-txp-scheme/16681741


COURT HEARING DETAILS RE: WITHDRAWAL OF TXP SCHEME

Released 16:12:58 
RNS Number : 4877F
Trinity Exploration & Production
24 September 2024
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

RECOMMENDED CASH ACQUISITION

of

Trinity Exploration & Production Plc ("Trinity")

by

Lease Operators Limited ("Lease Operators")

to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006

 

24 September 2024

 

Details of the Court hearing relating to the withdrawal of the Touchstone Scheme

Further to the announcement on 18 September 2024 that Trinity was seeking the permission of the Court to formally withdraw the scheme of arrangement relating to the all share offer from Touchstone (the "Withdrawal"), and that a Court hearing had been scheduled for 25 September 2024 (the "Withdrawal Hearing"), Trinity announces that the Withdrawal Hearing will take place before the Insolvency and Companies Court at  11 am on 25 September 2024 at 7 The Rolls Building, hearing room 9, Fetter Lane, London EC4A 1NL, with Judge Prentis presiding.

A further announcement will be made following the conclusion of the Withdrawal Hearing.

 



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