Director's share purchase plan RNS23 May 2018 08:28
DIRECTORS SHARE PURCHASE PLAN
AND
DIRECTOR / PDMR PURCHASES
Calgary, Alberta - May 23, 2018 - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces the commencement of its Non-Executive Director Share Purchase Plan (the "Plan"). The Plan is designed to encourage non-executive directors to invest in common shares of the Company and to allow the Company to provide common shares as an incentive to directors through the Company's contribution.
All non-executive directors are eligible and encouraged to participate in the Plan. In accordance with the Plan, the Company will match director's common share purchase contributions to a maximum of $10,000 per annum.
Five non-executive directors took part of the Plan and purchased Company common shares on May 18, 2018 at a price of $0.27.