rumours were flying at the coffee shop that ISM had acquired some adjacent property, speculation was swirling on who?......LOL The stock started to run on rumour...........
Inspiration Acquires Property (ccnm)
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TORONTO, ONTARIO--(Marketwire - Nov. 28, 2008) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that pursuant to an asset purchase agreement dated November 21, 2008 entered into between the Corporation and Keefe Cooke Corporation (the "Vendor"), the Corporation acquired two (2) patented land claims (the Properties"), HR1181 and HR1182 located adjacent to the existing Langmuir claims on the west side of the Corporation's property. As consideration for the Properties, the Corporation paid the Vendors $75,000 and issued 105,000 common shares. The common shares are subject to a four-month hold period expiring March 25, 2009. |
