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Touchstone Exploration Bolsters Financial Flexibility
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Touchstone Exploration Bolsters Financial Flexibility

Touchstone Exploration (OTC) (PBEGF) has released an update.

Touchstone Exploration Inc. has successfully expanded its banking facilities, securing an additional $10 million five-year term loan and increasing its revolving loan capacity from $7 million to $10 million. This strategic financial move aims to support the company’s capital program for 2024, as well as provide extra working capital when needed. Touchstone, a Calgary-based company, is actively involved in petroleum and natural gas exploration and production in Trinidad and Tobago.

For further insights into PBEGF stock, check out TipRanks’ Stock Analysis page.

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