Touchstone Exploration (TSE:TXP) has released an update.
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Touchstone Exploration Inc. has announced a decrease in the number of Trinity Shares covered by a Letter of Intent from investor Andrew Byles to approximately 1.09% of Trinity’s issued share capital. This reduction follows a series of share sales by Byles, yet combined with irrevocable undertakings, Touchstone still has about 39.97% of Trinity’s shares backing its offer. The announcement details the ongoing acquisition process for Trinity Exploration & Production Plc by Touchstone and provides contact information for the financial advisors involved.
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