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IN BRIEF: Touchstone Exploration CEO fined for securities rules breach

ALN

Touchstone Exploration Inc - Calgary, Canada-based oil and gas company focused on Trinidad & Tobago - Announces that its Chief Executive Officer Paul Baay has entered into a settlement agreement with the Alberta Securities Commission in relation to a breach of the Securities Act. Baay admits that he, on six occasions emailed draft Touchstone news releases to an employee of a regulated Canadian investment dealer firm, prior to the news being broadly distributed. Baay has paid the ASC C$40,000, around £23,823, in settlement of the matter and will complete training in public company governance best practice.

Current stock price: 61.00 pence, up 1.7% in London on Wednesday

12-month change: down 30%

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