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CS - Touchstone raises $15MM to continue Trinidad & Tobago work - March 2020

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Trinidad-focused Touchstone Exploration, which trades on both the Toronto and London AIM stock exchanges, closed the private placement of 22.5 million new common shares with UK-based institutional investors. The buyers paid 40p ($0.68) per share, raising a total of £9 million ($15.34 million). The company said the pershare placement price represented a 10.1% discount to its 10-day volumeweighted average price on the AIM as of Feb. 18. The sold shares comprise 12.3% of the......
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