Inspiration Mining

Welcome To The Inspiration Mining HUB On AGORACOM The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

Inspiration Increases Interest in Potash Dragon

TORONTO, ONTARIO--(Marketwired - April 8, 2013) -

Further to its press release of June 25, 2012, Inspiration Mining Corporation ("Inspiration" or the "Company") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that it exercised an aggregate of 2,187,500 warrants at an exercise price of $0.80 per share, increasing its interest in Potash Dragon Inc. ("Potash Dragon") from 1,250,000 common shares to 3,437,500 common shares (or from 20% to 41% of the issued and outstanding securities of Potash Dragon). An aggregate of 1,562,500 warrants remain outstanding and the Corporation intends to exercise such warrants prior to their expiry date of May 15, 2013. Upon the exercise of the remaining warrants, the Corporation will own 50% of the issued and outstanding securities in the capital of Potash Dragon.

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FriendlyPirate
City
Rank
Treasurer
Activity Points
646
Rating
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Date Joined
10/23/2008
Social Links
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Inspiration Mining
Symbol
ISM
Exchange
TSX
Shares
est. 70,403,770
Industry
Metals & Minerals
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