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Touchstone Resources Ltd.: Grant of Incentive Stock Options.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Touchstone Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:TCH TCH Trans-Canada Highway
TCH Texas Children's Hospital (Houston, TX)
TCH The Children's Hospital
TCH Traffic Channel
TCH Threshold Crossing Height
TCH Toyota Camry Hybrid
TCH Taurocholic Acid
.U) ("the Company") announces that it has granted incentive stock options to a consultant to purchase an aggregate of 336,000 common shares at an exercise price of US$0.18 per share, representing the closing price of the Company's common shares on March 14, 2006 as reported on the TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 (the "Exchange"). The options and shares issuable upon exercise, if any, will be subject to a four-month hold period from the date of grant in accordance with Exchange policy. The options expire on March 15, 2011. The grant was pursuant to the Company's Stock Option Plan, which was re-affirmed by the shareholders of the Company on April 28, 2005.

TOUCHSTONE RESOURCES LTD.

Mark A. Bush, President

The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy of this news release.

Touchstone Resources Ltd. (TSX VENTURE:TCH.U)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 15, 2006
Words:155
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