Mr. Charles Desjardins reports

INSPIRATION MINING CLOSES NON FLOW-THROUGH PRIVATE PLACEMENT

Further to the press release dated May 20, 2026, Inspiration Mining Corp. has closed its non-brokered private placement financing for aggregate gross proceeds of $321,000 from the sale of 3.21 million units of the company at 10 cents per unit.

Each unit was composed of one common share and one transferable common share purchase warrant of the company. Each warrant will entitle the subscriber to purchase one common share of the company for a 36-month period after the closing date of the offering at an exercise price of 13 cents per common share.

Proceeds raised will be used for general working capital purposes.

Finders' fees of $26,080 were paid, and 260,800 finders' warrants were issued.

According to applicable securities laws of Canada, any unit shares issued pursuant to the offering will be subject to a hold period expiring Sept. 28, 2026.

About Inspiration Mining Corp.

Inspiration 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.

We seek Safe Harbor.