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Touchstone Announces Approval of Resolutions at Annual Meeting

CALGARY, ALBERTA -- (Marketwired) -- 06/19/17 -- Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX: TXP) announces that on June 19, 2017, it held its annual and special meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Touchstone's shareholders approved the following resolutions:


1.  Resolution to fix the number of directors of the Company to be elected
    at the Meeting at six.

2.  Shareholders approved the election of six nominees as directors of
    Touchstone to serve until the next annual meeting of shareholders or
    until their successors are elected or appointed, with the number and
    percentage of common shares represented at the Meeting voting by way of
    ballot in favour of and withheld from voting for each of the individual
    nominees as follows:


----------------------------------------------------------------------------
Name of Director Nominee         Votes For              Votes Withheld
                        ----------------------------------------------------
                            Number    Percent (%)     Number    Percent (%)
----------------------------------------------------------------------------
Paul R. Baay               10,733,573        97.62      261,286         2.38
Kenneth R. McKinnon        10,812,305        98.34      182,554         1.66
Thomas E. Valentine        10,714,998        97.45      279,861         2.55
Dr. Harrie Vredenburg      10,815,380        98.37      179,479         1.63
John D. Wright             10,582,255        96.25      412,604         3.75
Peter Nicol                10,994,859       100.00          nil         0.00
----------------------------------------------------------------------------

3.  Resolution to re-appoint Ernst & Young LLP, Professional Chartered
    Accountants, as auditors of the Company for the ensuing year.

4.  Resolution to reduce the stated capital of the common shares of the
    Company by an aggregate amount of up to $150 million, with 98.00% of the
    common shares represented at the Meeting voting in favour of the
    resolution.

5.  Resolution to amend By-Law No. 1 of the Company requiring each
    shareholder with a holding of 3% or more in any class of shares in the
    Company to notify the Company without delay of any relevant changes to
    its shareholdings in the Company, with 96.40% of the common shares
    represented at the Meeting voting in favour of the resolution.

6.  Resolution to amend the Company's stock option plan to remove the
    provision which limits the number of outstanding options held by non-
    employee directors to 1% of the outstanding common shares of the
    Company, with 96.66% of the common shares represented at the Meeting
    voting in favour of the resolution.

7.  Resolution to ratify certain stock options granted to non-employee
    directors, with 96.76% of the common shares represented at the Meeting
    voting in favour of the resolution.

About Touchstone

Touchstone Exploration Inc. is a Calgary based company engaged in the business of acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company's common shares are traded on the Toronto Stock Exchange under the symbol "TXP".

Contacts:
Touchstone Exploration Inc.
Mr. Paul Baay
President and Chief Executive Officer
Telephone: 403.750.4487

Touchstone Exploration Inc.
Mr. Scott Budau
Chief Financial Officer
Telephone: 403.750.4487
www.touchstoneexploration.com

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