Touchstone Announces Results of 2024 Shareholders' Meeting

CALGARY, AB / ACCESSWIRE / June 19, 2024 - Touchstone Exploration Inc. (TSX:TXP, LSE:TXP) announced that all matters presented for approval at the 2024 annual meeting of shareholders were fully authorized and approved.

A total of 66,700,107 common shares, representing 28.48% of the eligible shares, were voted. The shareholders approved several resolutions, including fixing the number of directors at nine with 64.36% of the votes in favor.

All nominated directors were elected, including Paul R. Baay with 81.81% support and John D. Wright with 59.08% support. KPMG LLP was reappointed as the Company's auditors with 96.79% approval.

Additionally, 90.21% of votes approved the continuation of the Company's shareholder rights plan. The Board acknowledged concerns about its size and plans to reduce the number of directors after completing its proposed acquisition of Trinity Exploration and Production plc.

Full voting results are available on SEDAR+.