Touchstone says £10.325mn in gross proceeds remains outstanding after private placement

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jun.2025, Words: 241) — Touchstone Exploration Inc., further to its 8 May 2025 announcement regarding a £15.375mn private placement arranged by Portillion Capital and OAK Securities, said £10.325mn of the gross proceeds remains outstanding. 

Portillion Capital and OAK Securities are finalizing documentation related to the settlement of proceeds from certain institutional investors and Touchstone could receive the outstanding funds on or before the close of business on June 20, 2025.