Inspiration Energy Announces Closing of Fully Subscribed Private Placement

Core Viewpoint - Inspiration Energy Corp. has successfully closed a non-brokered private placement financing, raising a total of $200,000 through the sale of 4,000,000 units at a price of $0.05 per unit [1][2]. Group 1: Financing Details - The offering consists of units, each comprising one common share and one transferable common share purchase warrant, allowing the purchase of one common share at an exercise price of $0.06 for a period of 36 months [2]. - The proceeds from the financing will be allocated for general working capital purposes [2]. - No finders' fees were paid in connection with the offering [2]. Group 2: Regulatory and Compliance Information - Shares issued under the offering will be subject to a hold period of four months and one day, in accordance with Canadian securities laws [3]. - The Canadian Stock Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the news release [5]. Group 3: Company Overview - Inspiration Energy Corp. is focused on mineral exploration and the acquisition of mineral property assets in Canada, aiming to locate and develop properties of merit [4].