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Touchstone Announces Approval of Resolutions at Annual General Meeting

CALGARY , June 13, 2019 /CNW/ - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces that on June 12, 2019 , it held its annual general meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Touchstone's shareholders approved the following resolutions:

1.

Resolution to fix the number of directors of the Company to be elected at the Meeting at seven.



2.

Shareholders approved the election of seven nominees as directors of Touchstone to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting voting by way of ballot in favour of and withheld from voting for each of the individual nominees as follows:

Touchstone Exploration Inc. (CNW Group/Touchstone Exploration Inc.)

 

Name of Director Nominee

Votes For

Votes Withheld

Number

Percent (%)

Number

Percent (%)

Paul R. Baay

8,304,857

93.63

564,612

6.37

Kenneth R. McKinnon

8,322,346

93.83

547,123

6.17

Peter Nicol

8,701,186

98.10

168,283

1.90

Stanley T. Smith

8,637,067

97.38

232,402

2.62

Thomas E. Valentine

8,588,300

96.83

281,168

3.17

Dr. Harrie Vredenburg

8,570,564

96.63

298,905

3.37

John D. Wright

8,637,515

97.38

231,953

2.62

 

3.

Resolution to re-appoint the firm of Ernst & Young LLP, Chartered Professional Accountants, to serve as auditors of the Company for the ensuing year at such remuneration as may be determined and fixed by the directors of the Company.

 

About Touchstone

Touchstone Exploration Inc. is a Calgary based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago . The Company's common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol "TXP".

SOURCE Touchstone Exploration Inc.


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