Inspiration Mining Arranges $600,000 Flow Through Financing

May 22, 2026 6:01 PM EDT | Source: Inspiration Mining Corp.

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Vancouver, British Columbia--(Newsfile Corp. - May 22, 2026) - Inspiration Mining Corp. (CSE: ISP) (WKN: A40GPX) (OTCID: ISPNF) ("Inspiration" or the "Company") is pleased to announce that it has arranged a non-brokered Critical Minerals Flow Through private placement financing (the " Offering ") for aggregate gross proceeds of $600,000 from the sale of up to 4,000,000 units of the Company at $0.15 per unit (each, a " Unit ").

Each Unit will comprise one Flow Through share (each, a " Flow Through 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 $0.18 per common share.

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 Company's Rottenstone North Gold Property in Saskatchewan.

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 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.

For more information about this financing, please contact Charles Desjardins at 604 808 3156 or e-mail at ...

About Inspiration Mining Corp.

Inspiration Mining 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+ ( ).

On Behalf of the Board of Directors

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