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The latest announcement is out from Rock Edge Resources Ltd. ( (TSE:ISP) ).
Inspiration Energy Corp., a Canadian mineral exploration company, focuses on acquiring and developing mineral properties in Canada with an emphasis on locating and advancing prospective exploration assets.
The company has arranged a non-brokered private placement to raise up to $200,000 through the issuance of up to 4,000,000 units at $0.05 per unit, each unit consisting of one common share and one transferable warrant exercisable at $0.06 for 36 months. The financing, which remains subject to customary regulatory approvals and will be subject to a four‑month plus one day hold period under Canadian securities laws, is intended to bolster Inspiration Energy’s general working capital, supporting ongoing corporate and exploration activities.
More about Rock Edge Resources Ltd.
Inspiration Energy Corp. is a Canadian mineral exploration company focused on acquiring and developing mineral property assets in Canada, with the goal of identifying and advancing properties of merit through exploration activities.
Average Trading Volume: 75,609
Technical Sentiment Signal: Sell
Current Market Cap: C$2.31M
See more insights into ISP stock on TipRanks’ Stock Analysis page.