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Inspiration Mining Corporation to Extend Warrant Expiry Date TORONTO, ONTARIO--(MARKET WIRE)--Apr 24, 2008 -- Inspiration Mining Corporation (Toronto:ISM.TO - News)(Frankfurt:OI8.F - News)
(the "Corporation") is pleased to announce that it has received
approval from the Toronto Stock Exchange to extend the expiry
date of 2,149,000 outstanding common share purchase warrants
(the "Warrants") of the Corporation, which were issued in
connection with the Corporation's May 2007 private placement
financing. Each Warrant entitles the holder thereof to purchase
one common share of the Corporation at any time until the
close of business on May 8, 2008 at an exercise price of
$3.50 per common share. The Warrants will be amended, effective
May 8, 2008, to extend the term of such warrants until May
8, 2009. All other provisions of the Warrants will remain
the same. There are no insiders of the Corporation who hold
Warrants. The Corporation is a public junior mining company exploring for nickel deposits on its Langmuir property near Timmins, Ontario, as well as gold-copper on the Barton Syndicate Dry Fork property in Utah.
Contact: Contacts:
Inspiration Mining Corporation
Randy Miller
President
(905) 853-7400
Website: http://www.inspirationmining.com
For Investor Relations call:
Gale Capital Corporation
(604) 221-7604
(604) 221-7606 (FAX)
Email: galecapital@shaw.ca
Source: Inspiration Mining Corporation
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