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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

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