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CALGARY - Touchstone Exploration (OTC:PBEGF) Inc. (TSX, LSE: TXP), a Calgary-based oil and natural gas company, has announced that several of its top executives have made purchases of common shares under its Employee Share Purchase Plan. The transactions took place on the Toronto Stock Exchange on March 3, 2025.
The company reported that Paul R. Baay, Director, President and CEO; Scott Budau, CFO; Brian Hollingshead, EVP of Engineering and Business Development; and James Shipka, EVP of Asset Development and HSE, all participated in the share purchase. Each executive bought shares at a price of C$0.41, with varying volumes: Baay acquired 15,357 shares, Budau 9,829 shares, Hollingshead 7,986 shares, and Shipka also 9,829 shares.
Touchstone is active in onshore properties located in the Republic of Trinidad and Tobago and trades its common shares on both the Toronto Stock Exchange and the AIM market of the London Stock Exchange (LON:LSEG). The Employee Share Purchase Plan is designed to align the interests of the employees, including management, with those of the shareholders by providing an opportunity to purchase company shares directly.
This recent purchase by the company’s executives is an initial notification and has been duly reported in compliance with market regulations. It reflects a commitment by Touchstone’s leadership to invest in the company alongside its employees.
The information on this transaction is based on a press release statement issued by Touchstone Exploration Inc. and is intended to provide shareholders and the market with transparency regarding the dealings of the company’s executives.
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