CALGARY, ALBERTA -- (Marketwire) -- 01/28/13 -- Touchstone Exploration Inc. (TSX VENTURE: TAB) (the "Company") reported its financial and reserves results for the year ended September 30, 2012. The Company is currently reporting under International Financial Reporting Standards ("IFRS") and all values in this news release are in thousands of United States dollars unless otherwise stated. Financial highlights for year [...]
Further to its previous announcements, Touchstone Exploration announces the successful completion, by court‐approved plan of arrangement, of the acquisition of Primera Energy Resources. Touchstone has acquired all the outstanding common shares of Primera not otherwise owned, directly or indirectly, by Touchstone in exchange for the issuance of approximately 30,028,275 Touchstone common shares. Primera's common shares will [...]
Touchstone Exploration is pleased to provide the following operational update which follows the Company's recent announcement regarding the securityholder and court approval for arrangement with Primera Energy Resources Ltd. ("PERL"). As noted in the previous release, the arrangement will become effective after all of the conditions precedent are satisfied or waived. Touchstone and PERL are currently working to bring [...]
Touchstone Exploration is pleased to announce that the shareholders and optionholders of Primera Energy Resources have today voted to approve the previously announced plan of arrangement with Touchstone which provides that Touchstone will acquire all of the common shares of Primera not otherwise owned, directly or indirectly, by Touchstone on the basis of 0.90 of a Touchstone common shares per Primera Share. The [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/23/12 -- Touchstone Exploration Inc. (TSX VENTURE: TAB) (the "Company") announces the appointment of Mr. Scott Budau as Chief Financial Officer of the Company. Mr. Budau received his Bachelor of Commerce with honours from McMaster University in 2002 and has his Chartered Accountant designation which he received in 2005. Mr. Budau joined Touchstone in December 2011 in the [...]
Touchstone and Primera Energy are pleased to announce they have entered into an arrangement agreement which provides that Touchstone will acquire all of the common shares of Primera not otherwise owned, directly or indirectly, by Touchstone, by way of a plan of arrangement under the Business Corporations Act. Touchstone will acquire the outstanding Primera Shares in exchange for Touchstone common shares (each a [...]
Touchstone reported its operating and financial results for the third quarter of 2012. The Company is currently reporting under International Financial Reporting Standards and all values in this release are in thousands of United States dollars unless otherwise stated. Financial highlights for the three month period ending June 30, 2012 are noted below:
Touchstone Gold and Atlantis Gold are extremely pleased to announce the signing of a business combination agreement to merge the two companies in a strategic transaction that creates a leading Colombia focused gold exploration and development company. It is anticipated that the combination will represent a significant expansion of highly prospective land packages in an area bordering existing activities and will con
Touchstone is pleased to announce that it has closed its previously announced (CAD) $24.0 million long-term loan with a fund managed by Crown Capital Partners. The proceeds of the New Financing will be used to pay-out and retire the existing (USD) $23.3 million vendor take-back loan acquired from CL Financial Limited, later assigned to Colonial Life Insurance Company (Trinidad) Limited, in connection with the Company's [...]
Touchstone reported its operating and financial results for the second quarter of 2012. The Company is currently reporting under International Financial Reporting Standards and all values in this release are in thousands of United States dollars unless otherwise stated. Highlights for the three months ended March 31, 2012 are noted below:
Touchstone is pleased to announce that it has arranged a (Cdn)$24.0 million long-term loan from a fund managed by Crown Capital Partners. The proceeds of the New Financing will be used to pay-out and retire the existing (US)$23.3 million vendor take-back loan acquired from CL Financial Limited, later assigned to Colonial Life Insurance Company (Trinidad) Limited, in connection with the Company's acquisition of the Primera [...]
Further to its news release of November 30, 2011 Touchstone Exploration nnounces that it has, through its indirect wholly-owned subsidiary Primera Oil & Gas, now closed the sale of its 33.8% non-operated interest in the Moruga Block in South Central Trinidad. The Company has sold this interest in the Exploration and Production License as well as related rights, assets and interests pertaining to an area located onshore in [...]