Mr. Paul Baay reports

RESULT OF RETAIL OFFER

Following the closing of Touchstone Exploration Inc.'s retail offer on the BookBuild platform on Oct. 28, 2025, 6,181,818 new common shares with no par value in the capital of the company will be issued at an issue price of 11 pence per retail offer share to raise the maximum gross proceeds available under the retail offer of 680,000 British pounds.

Accordingly, the aggregate gross proceeds raised from the retail offer and the private placement announced by the company on Oct. 24, 2025, are seven million British pounds (approximately $9.33-million (U.S.)) (the placing).

Terms used in this announcement, unless otherwise defined in this announcement, have the meaning given to them in the retail offer launch announcement released by the company at 7:05 a.m. on Oct. 24, 2025. References to times are to London times unless otherwise stated.

Admission, settlement and total voting rights

Application has been made for 63,636,363 new common shares (comprising the retail offer shares and 57,454,545 new common shares to be issued pursuant to the placing) to be admitted to trading on the Toronto Stock Exchange and AIM (Alternative Investment Market). Subject to the receipt of required approvals from the TSX and AIM, admission to AIM will take place at or around 8 a.m. on Oct. 30, 2025. Admission to the TSX will take place upon settlement of the placing, on or around Oct. 30, 2025.

The placing and retail offer are conditional on, among other things, admission becoming effective (including final approval for the listing of the new common shares on the TSX) and the placing agreement entered into between the company and Shore Capital in connection with the placing not being terminated in accordance with its terms. Completion of the retail offer is conditional, inter alia, upon the completion of the placing.

The company currently has 261,097,246 common shares in issue. Following admission, the company's issued share capital will consist of 324,733,609 common shares. The company does not hold any common shares in treasury and, therefore, following admission, the total number of voting rights attributable to the common shares in the capital of the company will be 324,733,609. This figure may be used by shareholders to determine if they are required to notify their interest in or a change to their interest in the company.

About Touchstone Exploration Inc.

Touchstone Exploration is a company based in Calgary, Alta., 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 and the AIM of the London Stock Exchange under the symbol TXP.

Currency

Unless otherwise stated, all financial amounts referenced herein are expressed in British pounds. For reference purposes only, one British pound has been translated into U.S. dollars at a rate of one British pound to $1.40 (U.S.).

We seek Safe Harbor.