Touchstone Exploration Inc. Final Results of Fundraise and of Wrap Retail Offer

About this update from Touchstone Exploration Inc

Touchstone Exploration Inc. Final Results of Fundraise and of Wrap Retail OfferNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN. CALGARY, AB / ACCESS Newswire / June 8, 2026 / Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP)(LSE:TXP) announces the completion of its WRAP Retail Offer, which closed on June 5, 2026, together with the previously announced Subscription, Placing and LIFE Offering (collectively, the "Fundraise").The Fundraise has raised aggregate gross proceeds of US$10.9 million (approximately £8.1 million and C$15.1 million) before expenses. The proceeds comprise approximately US$1.9 million from the subscription by Purebond Limited ("Purebond"), approximately US$8.4 million from the issuance of unsecured non-convertible Debt Securities pursuant to the Subscription Agreement with Purebond, and approximately US$0.6 million in aggregate from investors participating in the Placing, LIFE Offering and WRAP Retail Offer.In aggregate, 26,631,330 new Common Shares (the "New Common Shares") have been conditionally placed with, or subscribed for by, new and existing investors at the Issue Price of 7 pence and C$0.13 per New Common Share. The New Common Shares represent approximately 8.2 percent of the issued share capital of the Company prior to the Fundraise.Of the 26,631,330 New Common Shares, 20,235,000 Common Shares are being subscribed for by Purebond, raising gross proceeds of approximately US$1.9 million (approximately £1.4 million and C$2.6 million) (the "First Tranche Subscription Shares"). In addition, pursuant to the Subscription Agreement, the Company has issued unsecured non-con...

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