Latest Share Chat

IN BRIEF: Touchstone Exploration signs second revolving loan facility

Fri, 26th May 2023 13:46

Touchstone Exploration Inc - Calgary, Canada-based oil and gas company focused on Trinidad & Tobago - Subsididary Touchstone Exploration Ltd signs second USD7 million revolving loan facility with an unnamed Trinidad-based lender. Intends to use revolving loan proceeds to maintain financial flexibility while it proceeds with its Royston-1X production testing operations the construction of its Cascadura facility.

Current stock price: 58.20 pence, up 1.2%

12-month change: down 31%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

14 May 2024 19:41

TRADING UPDATES: Headlam warns of loss; EnSilica predicts revenue rise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal...

1 May 2024 10:20

Touchstone to snap up rival Trinity in £24m deal

(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.

1 May 2024 10:16

AIM WINNERS & LOSERS: Trinity up after agreeing to Touchstone takeover

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

1 May 2024 10:09

Trinity Exploration shares jump as agrees takeover by Touchstone

(Alliance News) - Touchstone Exploration Inc on Wednesday said it reached an agreement to buy Trinity Exploration & Production PLC.