Touchstone Exploration Inc. (LON:TXP) has announced the appointment of Mr. Bhupendra Kansagra to the Company’s Board of Directors as a Non-Executive Director, effective immediately.
The appointment follows the Company’s completion of the private placement with Purebond Limited previously announced on October 24, 2025. Pursuant to an investor rights agreement, Purebond has exercised its right to nominate a director to the Board. Mr. Kansagra, a director of Purebond, is a UK-based executive with extensive experience in the resource sector and international capital markets.
The Company has been informed that, as of October 30, 2025, Purebond holds 50,000,000 shares in the Company, representing 15.4% of voting rights. Purebond Limited is a UK registered entity controlled and managed by, and for the benefit of, the Kansagra family pursuant to a discretionary trust. Mr. Bhupendra Kansagra therefore has a partial indirect economic interest in Purebond.
Kenneth McKinnon, Chair of the Board, commented:
“We are very pleased to welcome Bhupendra to the Board. As we continue to execute our growth strategy in Trinidad, his deep knowledge of capital markets and the energy sector will be invaluable. We look forward to his strategic insights and the perspective he brings as a representative of our new significant shareholder, Purebond.”
Bhupendra Kansagra, Director, commented:
“I am honoured to join Touchstone’s Board at this pivotal stage in the Company’s development. Touchstone has built an impressive asset base with significant potential, and I look forward to working with the team to support the Company’s continued success and the delivery of long-term value for all shareholders.”
