Inspiration Energy Arranges $975,000 Financing
Inspiration Energy Corp (CSE: ISP, OTC: ISPNF) has announced a non-brokered private placement financing to raise $975,000 through the sale of 9,750,000 units at $0.10 per unit. Each unit includes one common share and one transferable warrant, with warrants exercisable at $0.16 per share for 36 months after closing.
The company has secured CSE price protection for the securities. The proceeds will fund the planned drill program at the Rottenstone North Gold Project in Saskatchewan and support strategic marketing initiatives. The placement is expected to close in early May 2025, subject to regulatory approvals. Issued shares will have a four-month and one day hold period.
Inspiration Energy Corp (CSE: ISP, OTC: ISPNF) ha annunciato un finanziamento tramite un collocamento privato senza intermediari per raccogliere 975.000 $ attraverso la vendita di 9.750.000 unità al prezzo di 0,10 $ ciascuna. Ogni unità comprende un'azione ordinaria e un warrant trasferibile, con i warrant esercitabili a 0,16 $ per azione entro 36 mesi dalla chiusura.
L'azienda ha ottenuto una protezione del prezzo da parte della CSE per i titoli. I proventi finanzieranno il programma di perforazione previsto presso il progetto aurifero Rottenstone North in Saskatchewan e supporteranno iniziative strategiche di marketing. Il collocamento dovrebbe concludersi all'inizio di maggio 2025, subordinatamente alle approvazioni regolamentari. Le azioni emesse saranno soggette a un periodo di blocco di quattro mesi e un giorno.
Inspiration Energy Corp (CSE: ISP, OTC: ISPNF) ha anunciado una financiación mediante colocación privada sin intermediarios para recaudar 975,000 $ mediante la venta de 9,750,000 unidades a 0.10 $ por unidad. Cada unidad incluye una acción común y un warrant transferible, con warrants ejercitables a 0.16 $ por acción durante 36 meses después del cierre.
La compañía ha asegurado protección del precio CSE para los valores. Los fondos se destinarán al programa de perforación planificado en el proyecto de oro Rottenstone North en Saskatchewan y apoyarán iniciativas estratégicas de marketing. Se espera que la colocación cierre a principios de mayo de 2025, sujeto a aprobaciones regulatorias. Las acciones emitidas tendrán un período de retención de cuatro meses y un día.
Inspiration Energy Corp (CSE: ISP, OTC: ISPNF)는 중개인 없이 진행하는 사모 자금 조달을 통해 단위당 0.10달러에 9,750,000 단위를 판매하여 975,000달러를 조달한다고 발표했습니다. 각 단위에는 보통주 1주와 양도 가능한 워런트 1장이 포함되며, 워런트는 마감 후 36개월 동안 주당 0.16달러에 행사할 수 있습니다.
회사는 증권에 대해 CSE 가격 보호를 확보했습니다. 조달 자금은 사스카치완의 Rottenstone North 금 프로젝트에서 계획된 시추 프로그램과 전략적 마케팅 활동을 지원하는 데 사용됩니다. 이번 자금 조달은 규제 승인에 따라 2025년 5월 초에 마감될 예정입니다. 발행된 주식은 4개월 1일간의 보호예수 기간이 적용됩니다.
Inspiration Energy Corp (CSE : ISP, OTC : ISPNF) a annoncé un financement par placement privé sans intermédiaire visant à lever 975 000 $ par la vente de 9 750 000 unités au prix de 0,10 $ l’unité. Chaque unité comprend une action ordinaire et un bon de souscription transférable, les bons étant exerçables à 0,16 $ par action pendant 36 mois après la clôture.
La société a obtenu une protection du prix CSE pour les titres. Les fonds serviront à financer le programme de forage prévu sur le projet aurifère Rottenstone North en Saskatchewan et à soutenir des initiatives stratégiques de marketing. Le placement devrait se clôturer début mai 2025, sous réserve des approbations réglementaires. Les actions émises seront soumises à une période de détention de quatre mois et un jour.
Inspiration Energy Corp (CSE: ISP, OTC: ISPNF) hat eine privat platzierte Finanzierung ohne Vermittler angekündigt, um 975.000 $ durch den Verkauf von 9.750.000 Einheiten zu je 0,10 $ zu beschaffen. Jede Einheit umfasst eine Stammaktie und einen übertragbaren Warrant, wobei die Warrants innerhalb von 36 Monaten nach Abschluss zu 0,16 $ pro Aktie ausgeübt werden können.
Das Unternehmen hat einen CSE-Preisschutz für die Wertpapiere gesichert. Die Erlöse werden das geplante Bohrprogramm beim Rottenstone North Gold Project in Saskatchewan finanzieren und strategische Marketinginitiativen unterstützen. Der Abschluss der Platzierung wird voraussichtlich Anfang Mai 2025 erfolgen, vorbehaltlich behördlicher Genehmigungen. Die ausgegebenen Aktien unterliegen einer Haltefrist von vier Monaten und einem Tag.
- Secured $975,000 in new financing to fund operations
- Obtained CSE price protection for the securities
- Warrants provide potential additional funding at $0.16 per share
- Dilutive impact on existing shareholders through issuance of 9,750,000 new units
- Additional potential dilution if warrants are exercised
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2025) - Inspiration Energy Corp. (CSE: ISP) (WKN: A40GPX) (OTC Pink: ISPNF) ("Inspiration" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement financing (the "Offering") for aggregate gross proceeds of
Each Unit will comprise one common share (each, a "Unit Share") and one transferable common share purchase warrant (each, a "Warrant") of the Company. Each Warrant will entitle the subscriber to purchase one common share of the Company (each, a "Warrant Share") for a 36-month period after the closing date of the Offering at an exercise price of
Charles Desjardins, President and CEO of the Company commented, "This placement will provide additional flexibility for the planned drill program at the Rottenstone North Gold Project, which is currently in development, and will support Inspiration's strategic marketing initiatives. We anticipate closing the placement in early May."
Closing of the Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. Net proceeds of the Offering will be used to advance the Company's Rottenstone North Gold Project in Saskatchewan and for general working capital purposes.
Shares issued pursuant to the Offering will be subject to a four-month and one day hold period according to applicable securities laws of Canada.
About Inspiration Energy Corp.
Inspiration Energy Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the Company's properties. For more information, please refer to the Company's information available on SEDAR+ (www.sedarplus.ca).
On Behalf of the Board of Directors
Charles Desjardins
CEO, President and Director
Phone: 604-808-3156
Email: info@inspiration.energy
Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at www.sedarplus.ca).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249837
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