CALGARY - Touchstone Exploration Inc. ('Touchstone' or the 'Company') (TSX, LSE: TXP) reports that Mr. John Wright, Non-executive Director and Chair of the Board of Directors of the Company, sold 258,400 common shares of the Company ('Common Shares').

The proceeds from the sale of Common Shares were to partially satisfy the costs and withholding taxes associated with Mr. Wright's share option exercise announced on August 22, 2022. Mr. Wright sold an aggregate 258,400 Common Shares at a price of C$1.55 per Common Share on the Toronto Stock Exchange on August 23, August 24, and August 25, 2022.

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 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

Tel: +1 (403) 750-4487

(C) 2022 Electronic News Publishing, source ENP Newswire