Touchstone Exploration Inc. Announces Share Purchase Plan

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1. Paul R. Baay
2. Scott Budau
3. James Shipka

2

Reason for the notification

a)

Position/status

1. Director, President and Chief Executive Officer
2. Chief Financial Officer
3. Chief Operating Officer

b)

Initial notification /Amendment

Initial notification

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 the financial instrument, type of instrument

Identification code

Common shares of Touchstone Exploration Inc.

CA89156L1085

b)

Nature of the transaction

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

May 1, 2023

f)

Place of the transaction

Toronto Stock Exchange

Touchstone Exploration Inc.
Mr. Paul Baay, President and Chief Executive Officer
Mr. Scott Budau, Chief Financial Officer

Tel: +1 (403) 750-4487

Shore Capital (Nominated Advisor and Joint Broker)
Daniel Bush / Toby Gibbs / Iain Sexton

Tel: +44 (0) 207 408 4090

Canaccord Genuity (Joint Broker)
Adam James / Gordon Hamilton

Tel: +44 (0) 207 523 8000

FTI Consulting (Financial PR)
Nick Hennis / Ben Brewerton

Tel: +44 (0) 203 727 1000
Email: [email protected]