Early Warning Notice Released Under National Instrument 62-103 Regarding the Purchase of Common Shares in Touchstone Exploration Inc.
Private Placement Announcement: Purebond Limited has filed an early warning report regarding its acquisition of 50,000,000 common shares in Touchstone Exploration Inc. through a private placement, totaling approximately £5.5 million.
Ownership Details: Following the private placement, Purebond now owns about 15.4% of Touchstone's issued common shares, having previously held none.
Investment Intentions: Purebond is acquiring the shares for investment purposes and may consider buying more or selling its holdings in the future, depending on various market conditions.
Board Appointment Rights: As part of the private placement agreement, Purebond has secured the right to appoint one non-executive director to Touchstone's Board of Directors while its ownership remains above 15%.
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