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AIM & Small Cap Retail Touchstone Exploration

Touchstone Exploration launches retail share offer as part of $10-15m equity raise

The junior oiler is offering new shares to UK retail investors, priced at 7p, via Winterflood's WRAP platform, as it seeks to raise between $10m and $15m altogether.

by tickstock newsroom
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Touchstone Exploration (TSX, LSE:TXP) has launched a WRAP retail offer to raise up to US$1 million, with up to 10.64 million new shares offered at 7p each.

The WRAP Retail Offer is being made solely in the United Kingdom to eligible new and existing retail shareholders via participating intermediaries and is directly connected to the separate other fundraising routes (direct share subscription, the placing or the LIFE offering in Canada). Completion is, however, conditional upon the completion of those other initiatives.

The WRAP Retail Offer is expected to close at 4:30 pm today, and results are expected to be announced on or around 8 June.

The UK retail share offer has a minimum investment of £100.

by tickstock newsroom