Mr. Charles Desjardins reports

INSPIRATION MINING CLOSES $529,999.95 FIRST TRANCHE OF FINANCING

Inspiration Mining Corp. has closed a first tranche of the non-brokered critical minerals flow-through (FT) private placement, which was announced March 11, 2026. The company intends to issue 3,533,333 critical minerals flow-through shares at a price of 15 cents per FT share for aggregate gross proceeds of $529,999.95.

Each FT share will qualify as a critical minerals flow-through share under the Income Tax Act (Canada).

Proceeds raised will be used to advance the Stockwork property, located in British Columbia, and the Rottenstone North gold property in Saskatchewan. The proceeds from the FT share will be utilized for incurring Canadian exploration expenses and flow-through critical mineral mining expenditures, as defined in the Income Tax Act (Canada).

The FT shares issued pursuant to the financing will be subject to a four-month-and-one-day hold period according to applicable securities laws of Canada.

About Inspiration Mining Corp.

Inspiration Mining 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.