Welcome to our dedicated page for Inspiration news (Ticker: ISPNF), a resource for investors and traders seeking the latest updates and insights on Inspiration stock.
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Inspiration Energy Corp. (ISPNF) has achieved a significant milestone by securing its U.S. trading symbol and OTC market quotation. The company is currently pursuing DTC eligibility to enhance U.S. investor access. Additionally, Inspiration has obtained a German listing (WKN: A40GPX), expanding its global market presence.
The company's flagship Rottenstone North gold and copper project is strategically located in Saskatchewan's Rottenstone domain, adjacent to the historic Rottenstone mine which produced high-grade ore (3.28% nickel, 1.83% copper, and 9.63 g/t platinum, palladium, and gold) from 1965-1968. The project neighbors Ramp Metals' property, where recent discoveries in June 2024 revealed significant gold zones (73.55 g/t gold, 19.50 g/t silver over 7.5m).
With fewer than 20 million shares outstanding, the company plans to launch an aggressive U.S. marketing campaign once DTC eligibility is secured.
Inspiration Energy (CSE: ISP) has successfully completed a non-brokered Critical Minerals Flow Through private placement, raising $300,000 in gross proceeds. The company issued 1,875,000 Flow Through shares at $0.16 per share.
The proceeds will be allocated to advance three properties: the Nunavut Property, the Stockwork property in British Columbia, and the Rottenstone North Gold Property in Saskatchewan. The funds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures as defined by the Income Tax Act.
The issued shares will be subject to a mandatory four-month and one-day hold period in accordance with Canadian securities laws.