Touchstone Exploration Inc. - GRANT OF LONG-TERM SHARE AWARDS

About this update from Touchstone Exploration Inc

CALGARY, ALBERTA - Touchstone Exploration Inc. ('Touchstone' or the 'Company') reports that the Company granted its non-executive directors, executive officers and key employees share awards on August 25, 2025 as part of its long-term compensation program. The Company issued 3,537,139 restricted share units ('RSUs') and 3,423,974 performance share units ('PSUs') under its shareholder approved omnibus incentive compensation plan to its executive officers and key employees. The RSUs vest in equal one-third tranches on each of the first three anniversaries of the grant date. PSU awards cliff vest on the third anniversary of the grant date and are subject to a performance multiplier ranging from zero times to 1.75 times based on achievement of predefined corporate performance targets set by the Board of Directors ('Board') over the vesting period. RSU awards are fixed while the number of PSUs earned is variable. Each RSU and PSU award may, at the Board's discretion, be settled in common shares, cash, or a combination thereof. If paid in cash, the plan participant will receive a cash payment based on the fair value of the underlying common shares on the applicable vesting date. In accordance with its long-term director compensation plan, the Company issued 1,476,424 deferred share units ('DSUs') to its non-executive directors. DSUs vest immediately upon grant but may only be redeemed after the director ceases to be a member of the Board. DSUs are settled in cash based on the market price of the Company's common shares at the time of redemption. Touchstone Exploration Inc . Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of 2 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'. Contact: Mr. Paul Baay President and Chief Executive Officer Tel: +1 (403) 750-4405 (C) 2025 Electronic News Publishing, source ENP Newswire

View stock analysis, news, and events for Touchstone Exploration Inc