Vancouver, British Columbia, June 17, 2024 - TheNewswire:
Inspiration Energy Corp. announces that the Company intends to proceed with a consolidation of the fully paid and issued common shares of the Company on the basis of one post-consolidation common share for each five pre-consolidation common shares issued and outstanding . The Company currently has 48,113,645 Common Shares issued and outstanding. Accordingly, once the consolidation is effective, the Company will have 9,622,729 Shares issued and outstanding, assuming there are no other changes in the issued capital of the Company. The Company intends to also proceed with consolidating its outstanding options and warrants on a ratio of ten to one , with the result that each consolidated option and warrant will entitle the...