Touchstone Exploration (TSE:TXP) has released an update.
Touchstone Exploration Inc. has reported a reduction in the shares subject to the Letter of Intent by shareholder Andrew Byles, now accounting for 2.20% of Trinity’s issued share capital, down from 2.58%. Despite this sale, the combined shares under the Letter of Intent and Irrevocable Undertakings still make up a significant 41.08% of Trinity’s ordinary share capital as of the latest announcement. The company continues to progress with its acquisition offer for Trinity Exploration & Production Plc, urging shareholders to review the Scheme Document for important information.
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