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Inspiration Mining Arranges $1,050,000 Financing
Inspiration Mining Corp. (CSE: ISP) (OTCID: ISPNF) (WKN: A40GPX) ("Inspiration" or the "Company") is pleased to announce that it has arranged a non-brokered Critical Minerals Flow Through private placement. The Company intends to issue up to 7,000,000 Flow Through shares (the "FT Shares") at a price of $0.15 per FT Share for aggregate gross proceeds of $1,050,000.
Each Critical Minerals FT Share ("FT Share") will qualify as a Critical Minerals flow-through share under the Income Tax Act (Canada).
Proceeds raised will be used to advance the Stockwork property located in British Columbia and the Rottenstone North Gold Property in Saskatchewan.
The gross proceeds from the FT Share will be utilized for incurring "Canadian exploration expenses" and "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada).
Shares issued pursuant to the Financing will be subject to a four-month and one-day hold period according to applicable securities laws of Canada.
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COMTEX_478974175/2227/2026-05-12T02:19:02