Touchstone Exploration (TSE:TXP) has released an update.
Touchstone Exploration Inc. has announced a decrease in the number of Trinity Exploration & Production Plc shares subject to a Letter of Intent from Mr. Andrew Byles, now representing 1.66% of Trinity’s issued share capital. Despite this, the combined shares under the Letter of Intent and Irrevocable Undertakings still account for approximately 40.53% of Trinity’s ordinary share capital. This development follows Touchstone’s ongoing acquisition offer for Trinity, and the company advises shareholders to consult the Touchstone Scheme Document for detailed information.
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